BeingNick

GMDC - Re-entry Investment Idea - Target 100 (6-12 months)

Long
BeingNick Updated   
NSE:GMDCLTD   GUJARAT MINERAL DE
Scrip: GMDC - Long Idea - Target 100.
Setup: Investment Idea and Re-entry. Tracking the Channel.
Earlier had entered at 70 & exited at 81.5 = Booked 11.5 points (over 15% move in 20 days).
Now, Re-entering at 75 for higher Targets of 100.

Stoploss: This is an investment idea. Please decide, manage and adhere to stoplosses as per your risk profile.
I will be adding more to my position in case market crashes and get to accumulate GMDC around 25-40 range.

Please note, I am not a SEBI Registered Analyst or a Financial Advisor. Please trade based on your knowledge and risk profile.
Trade active:
This is trade caught momentum and just made a 52-week high of 94.
Target1 given 2 months back of is of 100. Trade is still active.
Trade active:
Target achieved of 100 within 3 months.
Entry was at 75. 40% returns.
Trailing the position now with stoploss of 85.
Trade closed: target reached:
Trade Closed @ 105.
Entry was at 75. 45% profit returns earned.
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