Raj_Equities

ALOKINDS - Trend Breakout

Long
NSE:ALOKINDS   ALOK INDUSTRIES LTD
436 views
2
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

Comments

don't you see the operators control over this bad stock, buying near 20 and start selling near 25very good 25% return
Reply
@Kakerot, well, which stock is not controlled by the operators. :)
Reply
Back in trade
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter