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srikartiram
Mar 20, 2021 6:23 AM

PHILIPCARB | Trendline breakout & Retested the zone - 60% Long

Description

PHILIPCARB | Trendline breakout & Retested the zone - 60%

Its not the trendline giving me the conviction in this trade, it is the support zone (Marked)

CMP : 188 (Dip 175)
SL : 160
Target : 285

1:9+ risk reward setup

Big trade - Hence trade with patience.
Comments
sbparashar
Perfect projection, needs some fire in the form of spike in delivery ,,
ishwaryashanmugam
As always perfect Analysis! My portfolio is completely painted in red coz of last weeks market fall! Holding with some hope! 😅
srikartiram
@ishwaryashanmugam, You should reduce monitoring MTM screen much. Just put SL and target in system. Focus only chart. I hardly login to my broker account 2 days once - unless i'm handling any F&O intraday's.
radhikasriniwasan
@srikartiram, true that
ishwaryashanmugam
Will try to inculcate this habit! This will certainly give me some peace of mind!
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