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
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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
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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
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Trade Closed @ 105. Entry was at 75. 45% profit returns earned.