technofunda_trader

Heritage Foods ready for the uptrend!๐Ÿคฉ๐Ÿ’ธ๐Ÿ”ฅ

Long
NSE:HERITGFOOD   HERITAGE FOODS LTD
Buy Heritage Foods for Positional Trading as well as Investment๐Ÿ’ธ๐Ÿ”ฅ๐Ÿ’ธ
Comment your views!!!๐Ÿง๐Ÿค”๐Ÿง
.Both TECHNICALLY and FUNDAMENTALLY strong stock.๐Ÿ’ช๐Ÿ’ช
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily timeframe as we can see stock has come out of the consolidation with huge volume indicating that a strong rally will begin from current levels.
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๐Ÿ’Ž@technofunda_traderโ 
Few Important rules from my Trading Philosophy:โ 
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
โ 5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE ๐Ÿ˜„๐Ÿ˜„๐Ÿ˜„
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