- 1st Target Level Achieved - Stock did not retest the demand zone - However, it broke our major resistance and thats where we took our entry - Major Volume Spikes initiated - TSL is On
Trade active
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SOLAR INDUSTRIES Update - 6th March, 2024
- The stock took a beating today but at EOD it was taking support on the Demand Zone marked out and as per my trendline marked out - The volumes weren't as per my liking, however I averaged my positions (not a suggestion at all) - Will focus on my target levels and book profits accordingly - SL is at previous Swing Low
Trade closed: target reached
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SOLAR INDUSTRIES Update (as of 14th March, 2024)
✓ 15% in 7 Trading Sessions
- After the initial buy-in, we achieved our 1st target within 1 Session - However, the next day the market had turned down - I averaged my position based on the demand zone we marked out - Even with all the turmoil in the market, the stock did not hit our SL (was mentioned on 6th March post) - Today our 2nd Target Level was achieved with a strong pullback candle and volumes - Closed out the position to hold onto my capital for another trade