AvinashGaikwad

Momo setup/breakout setup

Long
AvinashGaikwad Updated   
NSE:RAIN   RAIN INDUSTRIES LTD
This stock running parabolic.

Its very good for short term play lets say next 5-10 days.

I prefer long side always as it showing breakout of 1 year.

Sl 54
Comment: sl 60
Comment: Sl 58
Comment: SLl 64
Trade closed: target reached: close partial and with SL update at breakeven
Comment: raining
Comment: sl 74
Trade active
Comment: sl 82
Trade closed: target reached: sell at 100
Comment: 25% bangged partial 50% bangged rest of shares.
Comment: keep sl 100 for rest of shares
Comment: moral of story.

never anticipate target.. let the stock tell the story..

learning from mistake.
Comment: more than 9X gain from level suggested.. poor execution.

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