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onerighttrade
Dec 17, 2020 3:31 AM

Swing Trade Idea #213 : Long on TEJASNET  Long

TEJAS NETWORKS LTDNSE

Description

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.

Order cancelled

it opened gap up above my entry price and went 5% up, now if it comes down, i do not want to enter as this would mean the upmove got rejected, so ignoring this trade now.
Comments
massiveFalcon25830
Is this still a good buy at 140 levels ?
onerighttrade
mukeshsingh92
i booked my profit @ 147, i was holding it 1 year @ 90 rs... enjoyed some really good profits.......but don't want to miss out for 2nd leg............please let me know if there's an entry again ? or shall I wait for correction ??? I can see that there's a great chance of hitting 200+ but this scripts spends most time on Circuits....hahha .........tough nut to crack.
onerighttrade
@mukeshsingh92, congrats on your profit.. One this we know for sure is we do not know future. We just follow technicals which give us a probability of trade, still no guarantee. I look at charts of all 2000+ stocks in NSE daily, if there is a good entry ( i mean good only), it will come under my radar.. but still no guarantee, it will give profit. As trade, we need to be clear in that.
merul2208
Valid For Intraday Trades??
onerighttrade
@merul2208, this can be very volatile so not good for intraday, but even if you once you get in and it moves in your direction, try to move your stoploss to entry as fast as possible, so that you do not lose anything in volatility
merul2208
@onerighttrade, Intraday positions are not valid for Tejas Network, anyways.
nice analysis
onerighttrade
@merul2208, right
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