onerighttrade

Long Swing Trade Idea #27 : Buy TANLA

Long
NSE:TANLA   TANLA PLATFORMS L
Buy TANLA only above 90 with Stop-loss at 76 for first target of 132. Idea is for 16th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. Reason is breakout above accumulation zone
Trade active: IN trade
Trade closed: target reached: There is a circuit change in TANLA, the circuit limit was 10% which is now reduced to 5%, so it has also hit a circuit of 5% today, Due to this, I have booked half at current price of 109.7 (20% gain from buy price) and put stoploss for rest at buy price
Comment: Please note that we need to adjust sometimes, our half positions gave us 20% profit. Rest half is at buy price and we will wait for original target. but one thing is now we cannot make a loss on this trade, at least some profit is now guaranteed
Comment: booked some more today at 115.15 , no only 25% positions left
Trade closed: target reached: Original target reached. ..

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