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PrakWorld_Traders
Jul 11, 2021 12:36 PM

Motherson Sumi - Reversal from channel bottom Long

Description

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🔴DISCLAIMER

***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******

Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)

After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
surku9876
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You are suggesting entry at 236. Target of 273. Stop loss of 225 or 210 according to risk taking capacity?
PrakWorld_Traders
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@surku9876, Exactly, there are 2 types of traders in our market. One is aggressive(Risky) entry takers and Conservative(Less risk) entry takers. I try to share my analysis from both perspectives.
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