TradingView
onerighttrade
May 26, 2021 2:38 AM

FY21-22 Swing Trade Idea #47: Long on ASIANPAINT  Long

ASIAN PAINTS LTDNSE

Description

This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.

Trade active

Got entry, trade is active

Trade active

Trailing SL to 2872 to reduce risk

Trade active

Trailing SL to 2906 now,

Trade closed: target reached

Target hit, closed 75% and trailing rest with entry as stoploss
Comments
UpendraBabu
sir, what will be the Holding Months?
onerighttrade
@UpendraBabu, My trades usually hit target or stoploss within 2 months. This is not moving up as expected after breakout, so i will probably trail my stoploss on this if it starts going down and get out of it, but I will not do anything till it is moving sideways. anyday, bulls can decide to breakout
UpendraBabu
@onerighttrade, Okay sir, Thanks for the Info
More