FSL : Consolidation Breakout and Continuation
Good Consolidation on Monthly TF
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
Trade active:
Marching slow and steady towards target.
Comment:
SL can be trailed to 136 now
Comment:
175 so far. One can book partial Qty here about 30% and rest leave for SL as mentioned of 136. Once it crossed 175 then SL can be trailed to cost at 144.
Comment:
193 as of today. now Booking 70% position here and Trailing SL to 180
Trade closed: target reached
