onerighttrade

FY21-22 Swing Trade Idea #52: Long on BODALCHEM

Long
NSE:BODALCHEM   BODAL CHEMICALS
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 .
Order cancelled: Entry not triggered, Idea cancelled .
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Comments

I have 308 quantities at 111. Would you recommend holding me BODALCHEM ???
Reply
onerighttrade tanishqranjane2
@tanishqranjane2, My trade is yet not triggered. I buy above the entry price only. ALso, i cannot directly answer you if you should hold or not , as I do not know how much you have used in this trade out of your total trading capital. We never deploy more than 5% of our capital as a general rule in a single trade and our risk never exceeds 1% no matter what. If you are also a trader, you will have such rules, then you can probably hold it till that stop loss level or the swing low just below that comes. Below that its not worth holding.
+1 Reply
@onerighttrade great thank you :-)
Reply
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