HEG - Swing Trade - 20th May #stocks

TradeRyteStockz Updated   
HEG (1D TF) - Swing Trade Analysis given on 20th May, 2024

- Trendline Resistance Breakout - Done ✓
- Volume Buildup at Resistance - In Progress
- Demand Zone Retest & Consolidation - In Progress
(Might come back to the Trendline for a Retest so be careful and do not enter in FOMO)

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Trade active:
HEG LTD Update - 21st May, 2024

✓ 6% Up in 1 Trading Sessions

- First Target Level achieved
- Had taken a partial entry at the Demand Zone marked out
- Pyramided into at the break of previous sessions high
- TSL at cost

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Trade closed manually:
HEG LTD Update - 23rd May, 2024

✓ SL Triggered at Cost

Reasoning for the fall:
- The results were weak and hence this tumble

- Even though both my Target Levels were Achieved yesterday
- I had left my SL at Cost and did not raise it upwards (my mistake for not booking some profits atleast in time)
- This is why TSL's are important (for profit booking)

- Don't Overthink your Trades

Become Emotionless

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