Soham-18

$ACRYSIL - Clear breakout from its high

Long
NSE:ACRYSIL   ACRYSIL LTD
- Breakout from All time High
- supported by strong volume
- Sound fundamentals


* Educational purpose only
Comment: Fire ...🔥🔥 Traailing will continue
Comment: Never looking back 😍

Comments

Hi - I have taken position at 480
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Soham-18 mihir2021
@mihir2021, Oh nice, as I said, then you can trail your positions to 525-530. If it gives a breakout after 580 then you can expect it to go upto 620-630 as your first target. If you see any weakness you can exit. But don't hold below 530. It also seems that it might consolidate a bit after such bi move.
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Hi @soham-18 - taken position.. what would be the target
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Soham-18 mihir2021
@mihir2021, If you have bought at around current price then stoploss should be 530, and
Short term target : 630
Long term target : Trail it using 9 day moving average

At current level, an ascending triangle pattern is under formation ( 1hr time frame ).

Disclaimer* : It is actually risky to enter at current levels & I am not responsible for any profits and losses.
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