Breakout is a signal that a new ride is about to start which can last for quite some time. Never make a mistake of booking quick profits even if you had a bad experience in the past. The whole idea is to pick an idea and ride for large gains. Big money cannot be made by booking 20% profits.
One theme that’s gaining momentum: Railways
The best vehicle to ride this theme: RITES.
Source: Chartalert.com
The stock has broken out above the levels of 250 and now the pullback consolidation offers excellent opportunity to ride this theme.
The other stock that should be on your radar: CONCOR.
Source: Chartalert.com
It’s a great stock to add on declines near 560
The article has been written purely for educational purposes.