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AvinashGaikwad
Jan 20, 2017 8:33 PM

wealth creation fishing... Long

Description

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%
Comments
eyesice
eyesice
Do you think its as good time to re-enter again?
AvinashGaikwad
@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...
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