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HritikRahul
Jul 29, 2021 2:20 PM

Why I Entered In This Trade? NSE: NATIONALUM 

NATIONAL ALUMINUMNSE

Description

This is my short term position in NATIONALUM

Why I took the position?
The fundaments of this company are strong due to that it has moved nicely in few months. When I took the trade it was consolidating and forming Descending Triangle Chart Pattern. I was pretty confirm that after consolidation and breakout this can give a pretty solid up move.

When did I Enter?
I entered before breakout as I was confirm about the up move.

How much Profits I made?
I am up nearly 30% as you can see the chart.

When I will Exit?
Once I get to see rejection on daily timeframe I will exit majority of my position.

Should you Enter Now?
NO, cause it's on All time high and take a pullback. You should buy low sell high.

Conclusion:
This is just for Educational Purpose. Do your own research to before taking any trades. I am also just learning. I am not an Financial Adviser.
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