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RS_V
Dec 5, 2023 2:43 AM

Retracing after a breakout Long

MSTC LTDNSE

Description

16 Oct 23 Breakout with volumes
26 Oct 23 Market fall - Stock Price also fell but without volumes
16 Nov 23 Ex Dividend - Price not fell indicates strength
Taking Support at 415

Buy , accumulate till 415 for a target of 500 with SL 400

I am learning , please add your views in the comments so all of us can learn together.

Trade closed: target reached

500 target reached. GTT closed my trade.

I am taking break till Dec end. GTT is useful :-)

Comment

It reached all time high. This should give 10-20 % move if the break out sustains.
Long Stop loss - so get in carefully.
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