FSL, Long on Flag breakout for a target of 110-130

Nov 23, 2020

FSL is near 2018 highs and is consolidating before breakout.

Target: 105 followed by 130.
Stoploss : 65
Risk Reward-> 1:4

Dec 1, 2020

Trade active

Entered at 76 on 11/27

Dec 25, 2020

Note

FSL gave a 15% move on 24th Dec. Our early entry help capture full move.

~20% returns since initiation. Stock may consolidate and retest 84 levels

HOLD

Dec 28, 2020

Note

Target1 achieved. 30% gains from entry.

Book 30% positions and HOLD rest.