Case Study : RUPALIINS

Price is above the signal line that is also acting as a support line. Let's see what happen.....

(Pls. click on the image to enlarge)

RUPALIINS

Please look at the chart 1. Price is still above the Bollinger Band mid line. and the volume is also increasing.

Chart : 1

I'm giving another chart : 2. Pls. see it. It looks interesting to me.

Chart : 2

What should we do now : BUY/HOLD/SELL? :

Buy : Yeah or wait for the break out of the above red line in Chart 2, Your stop-loss is Bollinger Band mid line.
Hold : Yeah, until it goes to below BB mid line or hit you stop-loss.
Sell : Whenever it it goes to below BB mid line or hit you stop-loss.

"Your money, Your decision". No need to follow others advise specially in share market.
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Please note that this analysis/chart does not mean that (1) I'm holding this share, (2) I've an intention to buy it, (3) I'm suggesting you to buy it. by JC