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It is been observed that the price action is breaking out from a long consolidation range, indicating a strong move to upside.
Target: 215
Stoploss: 200
Target: 215
Stoploss: 200
May 30
Trade active
May 30
Comment:
stoploss revised at 197 on closing basis.
May 31
Comment:
Updating chart and stoploss
Stoploss 193.
You may add to your positions around 193-195 levels if it comes down.
Regards
Stoploss 193.
You may add to your positions around 193-195 levels if it comes down.
Regards
Jun 01
Trade active
Jun 04
Trade active:
Hindalco back to 200 levels, shall keep up the momentum.
Jun 07
Trade active
Jun 09
Comment:
Chart Updates: Hindalco did come down to 61.8% Fibs levels and reverse back to previous resistance levels. Now, a close above 204 levels shall take it further up.
Jun 11
Trade active
Jun 22
Trade closed manually
Related Ideas
@ms555, Yes, it was a bad trade pick as it still consolidating and not taking any trend direction.
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@ms555, Rightly said. They must be having good time with each day passing by.
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@chandu_Trade, No, now the trade is closed to upside. Now, if it retest 196 levels and then come back down then we should sell it.
Reply
@vishwambhar.vish4u, Yes, but incase you realise that there is much better support zone of your trade then you could shift the stoploss down in order to stay in a good trade.
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