KPITTECH SWING TRADE

Updated
This analysis is just for my learning.

Excellent Chart formation.
1:5 Risk Reward opportunity.
High quality trending stock.

This is a no-brainer.

Entry Level - 840
Stop Loss - 675
Take Profit - 1200
Trade active
Note
Holding from a long term perspective. Trailing SL weekly closing basis - 800
Note
Removal of weak hands in first week of April.
Touched the support and then made a sort of engulfing pattern.
Shows Bulls back in control.
Note
Trailing SL to 850 -- Daily closing basis.
Note
Trailing SL to 1000. Target almost reached.
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Failed to break above of 1160. Trailing SL to 1060.
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Still bullish. Expecting an excellent breakout above 1600.
Longterm SL -- 1100.
Note
Added more quantity at 1460. Price recovered after taking a hit.
Cup And HandleSupport and ResistanceTrend Analysis

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