nitinshm

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

Long
NSE:FSL   FIRSTSOURCE SOLUTI
FSL is near 2018 highs and is consolidating before breakout.

Target: 105 followed by 130.
Stoploss : 65
Risk Reward-> 1:4
Trade active: Entered at 76 on 11/27
Comment: 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
Comment: Target1 achieved. 30% gains from entry.

Book 30% positions and HOLD rest.