11769 Risky penny stock
Reason for long
a) Data Characteristics looks like to be multi bagger, but the sector is not promising, Hence position sizing not more than 0.5% of total portfolio.
b) Triangle breakout
c) Weekly breakout
d) Volume accumulation
e) SL compulsory
Challenges are website is poorly development Hence red flag
b) Data more uncertainty in qtly, but in years looks gradually positive. Hence red flag
c) NO Major FII or DII
Duration : 1 year, if SL not hit
a) Data Characteristics looks like to be multi bagger, but the sector is not promising, Hence position sizing not more than 0.5% of total portfolio.
b) Triangle breakout
c) Weekly breakout
d) Volume accumulation
e) SL compulsory
Challenges are website is poorly development Hence red flag
b) Data more uncertainty in qtly, but in years looks gradually positive. Hence red flag
c) NO Major FII or DII
Duration : 1 year, if SL not hit
Trade closed: target reached
T1
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