KPIL - Swing Trade Analysis - 7th April #stocks

KPIL (1D TF) - Swing Trade Analysis given on 7th April, 2024

Pattern: ASCENDING TRIANGLE
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Will look at a partial entry at the break of the Resistance and pyramid into if it moves up quickly
- However, if there is a retracement from the Resistance then I will average into once (if) the lower trendline is respected with a proper pullback
- This will also give for a better RR and a smaller SL

* Disclaimer

Trade active:

KPIL Update (as on 30th April)

✓ 13% Up in 14 Trading SessionS

- Had taken a partial entry at the break of resistance
- Averaged into when it retraced towards the lower trendline
- Ended up getting a decent return
- Volumes building up again
- TSL is on and above cost

* Disclaimer