The following are the midcap stocks which can fly further and are in momentum:
1) HFCL : Himachal Futuristic seems in bullish Momentum, likely to fly further and is highly volatile. Only risky players should take position
2) Himadari speciality: The stock is giving fresh breakouts and ready to fly futher for targets 100. Again it's a volatile stock, only risky players should enter.
What is Bullish Momentum?
- It means follow up rally in stock after positive breakout or we can say bullish rally with continuous volumes
What should we do in bullish Momentum Stocks?
- We should be tracking stocks regularly and should book regular profits or should trail SLs accordingly.
Who are risky players?
- It means those traders or investors who can take or bear 5-10% intrday movements in the stocks.