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akashbothra
Nov 24, 2023 9:13 AM

Kellton Tech Turning Bullish Long

KELLTON TECH SOLUNSE

Description

1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one-day price drop

Since the rally's start in Apr'23, NSE:KELLTONTEC has more than doubled in price. Currently, it is trying to move up once again after going down for nearly two and a half months and yesterday it moved up with good volumes. One can buy this one with a stop around ₹79-₹80.

Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
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