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GaneshWadhwa

Ready to Blast Off (Positional Pick)

Long
RATTANINDIA ENT LTD (NSE:RTNINDIA)  
GaneshWadhwa Updated   
NSE:RTNINDIA   RATTANINDIA ENT LTD
Chart Patterns Trend Analysis Cup And Handle swingtrading swing swingtrade positional positionalcall positionaltrade niftytrend NIFTY smallcapstock
40
4
chartpattern trendanalysis cupandhandle swingtrading swing swingtrade positional positionalcall positionaltrade niftytrend nifty smallcapstock
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
Trade active:
Weekly candle has closed strong. Enter only 10% quantity for now and wait for retracement
Trade active:
Added 10% more quantity today
Trade active:
Made a new swing high with good volumes. Add 30% more quantity and trail your stop to 60 now
Trade active:
New swing high. Strong volumes on up-move
Trade active:
Added 10% more quantity at 77
Trade active:
Add 20% more quantity and trail your stop to 64 now
Trade active:
Fantastic move. Now trail your stop to 72
Trade active:
Add the last 20% quantity
Comment:
Move your stop to 75
Comment:
New ATH. Move your stop to 76
Trade active:
Following an upward channel on daily timeframe. Currently taking support at the lower end of the same channel
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