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InsiderB
May 22, 2017 4:54 AM

ITC : Smoking Hot... Long

ITC LTDNSE

Description

Sometimes I get queries as Why not exact stops or target ? It will be more helpful for Us. Guys,
i) I don't know your capital
ii) I don't know risk ability you can afford
iii) I don't even know which trade setup or strategy you use to enter the trade on what timeframe
iv) I don't know how long you can hold the trade ( Intra or swing )
v) I don't know you are conservative or aggressive trader

So with these many Don't knows on My side, its better to give directional clue & approx zone, Hope you guys agree :)
Comments
rajesh2467
Thanks for sharing. super chart.
InsiderB
@rajesh2467, welcome :)
Numbercruz
Lucky if smoking is not injurious to health & Wealth this time:-D

Any reason behind such a trend from the beginning of 2k17.??



InsiderB
@Numbercruz, Answer will be more of fundamental or news based reason I believe, Here we don't track news at all, just take setup, launch it
Numbercruz
@InsiderB, Okay.. I assume the same :-)
InsiderB
@Numbercruz, but if you're fundamental trader, purely trade based on tat :)
Numbercruz
@InsiderB, Yes it goes that way.. I feel this stock is a great pick for technical analysts too.. The growth rate over the short term and daily fluctuations keeps the game ON for us too.. on the other hand, it served them better in just 5 months of time if accumulated on right moment.
InsiderB
@Numbercruz, yes for traders thats the truth, fluctuations keep them alive... from your wordings,just assuming are you fundamental trader ?
Numbercruz
@InsiderB, Can't choose any side.. Its portfolio type one. Technical and fundamental mixed designed to cater my risk capability.
InsiderB
@Numbercruz, oh thats nice... still in learning process ?
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