techtrail
Long

Mcleod Russel: Interesting Price Action Thus Far

NSE:MCLEODRUSS   MCLEOD RUSSEL INDI
223 6 3
Price is in protracted phase of consolidation. Am looking for crossover of the 200-DMA. A subsequent retest of the 200-DMA would make be a willing buyer. Have already bought a token quantity already.
SIRJI..YOUR STOCK HAS GONE ABOVE 200 DMA..NOW WHAT TO DO..??

ME TOO HOLDING SHARES OF MCL @168..

CAN WE EXPECT TO REACH 52 WEEK HIGH OF 219..??

PLS ADVISE..

REGARDS

MAYUR SHAH
Reply
techtrail MAYURSHAH444
@MAYURSHAH444, Stick to your trading plan. My entry, position size and risk tolerance can be vastly different from yours. So, there is no point sharing my trade plan with you. At some point, ensure that you move your stops to breakeven to protect capital and then start trailing it as price keeps moving in your favor.

I am sure I have disappointed you with this reply. But, am trying to help your cause. Build a system or set of rules and follow them.

Best.

Reply
MAYURSHAH444 techtrail
@techtrail, GREAT..THANKS..!
Reply
SIRJI..YOUR STOCK HAS GONE ABOVE 200 DMA..NOW WHAT TO DO..??

ME TOO HOLDING SHARES OF MCL @168..

CAN WE EXPECT TO REACH 52 WEEK HIGH OF 219..??

PLS ADVISE..

REGARDS

MAYUR SHAH
Reply
HAPPY INVESTING SIR..GOOD LUCK TO ALL..!!
Reply
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