Long

Investment Grade

Updated

This is a positional trade

Note

This is a positional trade, CMP 40.15
Fundamentally strong company, good future outlook with automation, company can reduce its employee cost considerably and increase its PAT.

This is not any stock recommendation or call , Please do your own research before investing.

Trade active

Note

Comfortable entry at 39.65, sweet 6% in a day.

Note

Missed target by 35 paisa
High made 44.65
Up by almost 10% since buying price.
SL can be revised to Buying level.
Also profits can be booked full, partially or trailed as per one's need.

Note

in.tradingview.com/chart/m9oLLxZW/

Note

Note

Target 1 Reached!

Note

Triangle breakout has been depicted in the chart above (red lines), the price also has multi-support region at or around 40.3-40.8.
So, revising SL to 40 would be better instead of buying price of 39.6
The trend is still strong, as it defied the market trend.

Note

We have also booked partial profits at 45, already.

Trade closed: stop reached

Revised SL hit, still in profit as booked 70% at 45, and revised SL was higher than our initial Buy price.
Thanks been a quick trade :)

Trade closed: target reached

Trade closed manually

mackanshunegi

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.