This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Is the target for short term or for long term sir ?
onerighttrade
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@cravi33, My trades are usually last max to 2 months, I close it if it does not hit target or stoploss in these 2 months. Now, it can hit in 1 day, 1 week or 1 month, so not really sure if you call them short term or long term. If it hits stoploss, i am out of trade, if it hits target, I book 75% and then keep stoploss for rest 25% at my buy price.. some of these 25%, i am holding for over 6 months.. no hurry to book profits in them.