waiting for good follow up. can easily target for 0.62, 1 and 1.2 fib level which are major resistance
Comment
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bought again at the current level with sl at pdl( sl - 1.2%)
Comment
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added more qty @ 30.55. see the other post where chart updated
Trade closed: stop reached
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the stock breached the 20 ema and all Tsl were triggered y`day. Despite initially reaching its first target of 0.61%, the price struggled to continue to go higher . recent pivot pt - 30.55, which was repeatedly tested and finally breakdown. contributed 23.7% to overall allocation.
@GERMANTRADERBRUH its all about the statistics and probability buddy. Even the best setups fails & we can't control it. What we can control is - the risk. My risk is calculated. Please follow good risk management before entering in any trade. And about this trade - yes! Its high probability trade but read this comment again. namarie !
shivakumaarvg
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Equitas with eps of a total of 1.5 in the last two quarters is hovering around 50. Ujjivan sfb with eps of 2.76 is available for sub 30. Fundamentally very cheap. Should cross 60 by fy end.
sinless_bloke
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@shivakumaarvg that's good insight from you shivakumaarvg. But eps is just one criteria of fundamental analysis, along with it we need to evaluate other factors as well, to be specific - technical criteria. Mind you - out of many stock that give 80%< in small period , only few had good eps. If we are talking something which is already on paper like eps and fundamentals , it MAY be already discounted.Thank you for comment btw. Comment more often on my post. discussion helps us to grow and progress :)
federalHope13404
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Right time to invest Don't forget training sl
Bravetotrade
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Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade