Ready to Blast Off (Positional Pick)
Updated
Rattan India has given a fantastic breakout on Weekly Timeframe.
Wait for candle close and then build positions gradually as this is a positional trade.
The volume spike has been the highest ever in this stock so that gives it more confidence.
Wait for some retracement to get a better risk reward
Wait for candle close and then build positions gradually as this is a positional trade.
The volume spike has been the highest ever in this stock so that gives it more confidence.
Wait for some retracement to get a better risk reward
Trade active
Weekly candle has closed strong. Enter only 10% quantity for now and wait for retracementTrade active
Added 10% more quantity todayTrade active
Made a new swing high with good volumes. Add 30% more quantity and trail your stop to 60 nowTrade active
New swing high. Strong volumes on up-moveTrade active
Added 10% more quantity at 77Trade active
Add 20% more quantity and trail your stop to 64 nowTrade active
Fantastic move. Now trail your stop to 72Trade active
Add the last 20% quantityNote
Move your stop to 75Note
New ATH. Move your stop to 76Trade active
Following an upward channel on daily timeframe. Currently taking support at the lower end of the same channel
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