Raj_Equities

ALOKINDS - Trend Breakout

Long
Raj_Equities Updated   
NSE:ALOKINDS   ALOK INDUSTRIES LTD
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.
Comment: Back on Trade Dec 28, took little time to update status
Comment: 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
Comment: SL little below 19.90, just in case
Trade closed: stop reached
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