This is a public swing trade idea (other private ideas accessible through website) 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 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.
Trade active
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Got entry, trade is active
Trade active
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Moved TSL to 1710
Trade closed: target reached
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Booked profit at 1880, 75% positions, trailing rest at entry. Trade closed successfully
Sir, How u calculated that Target? can u pls advice
onerighttrade
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@UpendraBabu, Upendra, usually stocks move in channels. SO identify that major trend line, then identify the recent tops and see where the channel is lying. remember Targets are always places from where you expect selling pressure. There are many ways to identify Targets but you should always have a target when you enter a stock.
UpendraBabu
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@onerighttrade, Good to know sir, one doubt Can u advice which pattern currently it is building Up sir..
onerighttrade
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@UpendraBabu, I am not trading pattern here, I am trading breakout that happened on 3rd June
@MarketLearnerMunna, Sorry I did not get your point.
It does not look like a question. There are many ways to trade markets which also depends on many factors.
If you do not find any learning in this trade idea, better to move on.
This world is full of traders many times better than me. I just share what I trade.