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onerighttrade
Aug 2, 2021 2:58 AM

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

JK TYRE&INDUSTRIESNSE

Description

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
Comments
KundanPandit
how target is calculated??
onerighttrade
@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
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