ALOK INDUSTRIES LTD
Long
Updated

ALOKINDS - Trend Breakout

Looks like ALOKINDS broke the trend after correction on 3H candle
Entry: 23.70;
SL: 20.75 much needed little closer in case of false break out. Targets : look for the T's.
Note: Please do your own research before trading this setup. At your own risks and rewards :)
Trade closed: stop reached
Hmmm...the breakout didn't hold and the SL reached.
Though, consolidating on Weekly candle, not clear on the direction with the current market on correction. Waiting for signal to get back in.
Note
Back on Trade Dec 28, took little time to update status
Note
Hmmm... yes, consolidation sometimes can be painful, might go down a little before getting back on track
Positive take: Targets might go little up in such cases. hopefully not to my SL again :P
Note
SL little below 19.90, just in case
Trade closed: stop reached

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