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Raj_Equities
Dec 7, 2020 8:14 AM

ALOKINDS - Trend Breakout Long

ALOK INDUSTRIES LTDNSE

Description

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
Kakerot
don't you see the operators control over this bad stock, buying near 20 and start selling near 25very good 25% return
Raj_Equities
@Kakerot, well, which stock is not controlled by the operators. :)
Raj_Equities
Back in trade
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