Trade Setup: Stock has broken all time high with volume and can be traded on long side.
Buy Zone: 820-835 SL: 700, Weekly Closing Basis Target1=870, Target2= Open with trailing Stops CIPLA
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc. 2. Always follow stop loss. 3. Once a trade is in your direction (say) 3%, never let it go in a loss. 4. Simply follow rules. Nothing else..