onerighttrade

FY21-22 Swing Trade Idea #145: Long on JKTYRE

Long
NSE:JKTYRE   JK TYRE&INDUSTRIES
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap .
Trade active: Entry trigerred, trade is active
Trade active: TSL moved to 142 and target also modified to 161
Trade closed: stop reached: TSL hit , out of trade
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Comments

how target is calculated??
Reply
onerighttrade KundanPandit
@KundanPandit, two ways you can arrive at same target, draw a resistance trendline.. or draw flag pattern,, like up swing, then body of flag and then again same height up swing
+1 Reply