ss_cheema

Trading Idea: Divis lab long

Long
ss_cheema Updated   
NSE:DIVISLAB   DIVI'S LABORATORIE
Trading in a well-defined channel on a DIVISLAB DIVISLAB daily time frame. Two triggers to buy it: -
1. Candle touching the cloud
2. RSI below 40

today (15 Jan 21) one condition met - will buy one lot with candle touching cloud.
Trade active:
I have bought one lot of Divis Lab touching the cloud. The Stoploss is break of Span B and will update here if that happens.
First Target is Kinjunsen at around 3725 cash
Trade active:
Position as of now about 10k in profit. Get out at touching Kinjunsen, 3,734 on cash levels
Comment:
If the Price action shows closing below Span B I will close my position and mark it as unsucessful.
Trade closed: stop reached:
I am sorry but the stock has hit stoploss and am out with loss
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