Equitas - Target 55.4 Long

Description

⋅ Nov 4, 2020 2:52 PM

I'm bullish based on the below technical analysis factors.

i) Double Top is completed
ii) Channel bottom is gazed and moved upwards from it.

Entry Pint - 41.5
Target - 48.05, 55.4

SL - 38.5

LONG RISK/Reward Ratio - 4.54

Trade active

⋅ Nov 10, 2020 3:07 PM

Please change the trailing stop loss to Day low of yesterday/ day before yesterday based on your risk appetite and carry the trade.

This will help you to stay in the game as long as possible to increase your profit.

Trade active

⋅ Nov 12, 2020 10:36 AM

First Target Reached.
Change the Trailing Stop Loss to 46 and Carry forward the trade.

Trade active

⋅ Nov 20, 2020 10:31 AM

Change the Trailing Stop Loss to 50.5 and Carry forward the trade.

Trade active

⋅ Nov 23, 2020 3:21 PM

Went 20% up, and straight to 63 rs. :):)

Comments

SaiKiran578

⋅ Nov 4, 2020 3:55 PM

in 5 mins charts, after touching the bottom, significant volume present on buy side..

However, we can't predict anything in stock market.. It's okay to be wrong.. but the risk reward ration is good to take a chance at this level...
So Let's wait and see..👍

paciffic2005

⋅ Nov 4, 2020 3:30 PM

no volume is there easily sl hit

SaiKiran578

⋅ Nov 5, 2020 5:18 PM

@paciffic2005 4+% profit today itself..👍👍