AvinashGaikwad
Long

wealth creation fishing...

NSE:ANDHRACEMT   ANDHRA CEMENTS
investment grade stock

Buy range: 7 to 9
Sl: 6 ( never avoid Sl whether you are investor or trader)

Trade active
Comment: Sl at breakeven... and ride the move...
Comment: SL at breakeven... and ride the move..
Comment: Position sizing: buy another chunk of shares at 11-12 range.. ( increase weight)
Comment: sl 9.5
Comment: partial exit at 16
Trade closed: stop reached
Comment: lost 10%
eyesice eyesice
Do you think its as good time to re-enter again?
Reply
@eyesice, good chart analysis.. i entered on expectation of Momentum continues.. as momentum failed.. i am out...

current level is great to enter but i love momentum to support it....

ANS: good to re-enter as it provides very low risk setup...
+1 Reply
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