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OmkarBanne
Dec 10, 2021 5:02 PM

CYBERTECH Long

CYBERTECH SYSTEMSNSE

Description

CMP: 173

Monthly timeframe shows breakout of the rising channel.

It can head towards 208, 225

Trade closed: target reached

173 to 245
All expectations fulfilled.
Comments
rohanhkn
The upper circuit gap filling will occur in future(between 100-110) after hitting the target of 200+ ? Please tell me. THANK YOU.
OmkarBanne
@rohanhkn, Final target is 225. Whenever the stock hits the 1st target, few quantity can be booked and the stoploss can be trailed near the entry price.
So, trailing stoploss can save us from losing the profits.
If the stock hits both target then we need not worry about the gap filling, because we will exit most of the quantity there.

Personally I don't think that the stock will ever come to fill that gap.

This is not a recommendation.
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