Sandeep_Aggarwal

Buy FDC

Long
NSE:FDC   FDC LTD
132 views
1
About Stock: FDC is a SmallCap company with a market cap of ₹5,683 cr . It is a pharmaceutical company engaged in manufacture of specialized formulations, and oral rehydration salts (ORS).

Trade Setup: On Nov 6, stock has taken support at 89 SMA . It is also trading avove 200 SMA . Momentum Indicator RSI has turned direction and an early entry around 332-335 will give an edge.

Buy Zone: 332-335

SL: StopLoss - 314, Trail 1:1

Target: Target1=342, Target2=351 Target 3=380

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) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..

Disclaimer: This is for demonstration and educational purpose only.
Trade active
Trade active: First target achieved..
Trade active: Second target achieved..
Trade active: Trailing SL moved to 347. This is a profitable trade..
Trade closed manually: Trailing SL.. exited

Summary:

Entry:333
Target1=342 achieved
Target2=351 achieved
Trailing Stop - 347.. booked profit fully..