Relcap - Fuelled enough for upmove

Jun 16, 2017

Stock witnessed a sharp fall from the top (700) to 38.6 % Fib Level (543) and then Bounced back to 23.1 % Fib Level (600)
One can go long in the stock at 600 with Stop loss of Latest Swing low (582) with a target of 690.

Jun 19, 2017

Trade active

Jun 21, 2017

Note

Stock Up 4%.
Keep stop loss in force and hold.

Jun 23, 2017

Note

More power to Relcap
CMP 648 (+8% from Entry price)
Keep stop loss open and enjoy the ride

Jun 25, 2017

Note

Minor pullback expected.
Trail ur SL to 618 and hold it

Jul 5, 2017

Note

Stock retested the recent swing high of 662 today.
Crossing 662 will fuel more power
Trail SL to recent swing low 637 and hold

Jul 28, 2017

Note

Stock hit 720.
Close the trade.

Jul 28, 2017

Trade closed: target reached