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akashbothra
Feb 8, 2022 9:30 AM

Advani Hotels breakout Long

ADVANI HOTELS & RENSE

Description

1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend

With quarterly sales increasing by 105% and quarterly profit increasing by 363% NSE:ADVANIHOTR gave a breakout with very big volumes after a consolidation of almost 4 years. Buy with a stop at or below Rs.91.

Trade closed: stop reached

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