onerighttrade

One Right Trade's Swing Trade Idea #80 : Buy on MEGH

Long
NSE:MEGH   MEGHMANI ORGANICS
Please do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
Trade active: Got entry today, trade active
Trade closed: target reached: Target hit today, closed 75% positions at target and trailing rest with stoploss at entry price

Comments

Hi, It seems stock down to results, can we exist or keep hold for 70+ target
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onerighttrade inbaraj06
@inbaraj06, yes this sell off was not good, I cannot suggest you to hold or exit as it is your risk and your money. but i will tell you what i am doing, I will hold it till my stop-loss is hit (it goes below 57.5). I am okay to lost that money and it was taken into account when i entered the trade. IT can still go and hit my target, the only issue is it might take some time now. (and i can be wrong as no one knows the future). Hope it helps
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