kushalnit

ULTRAMAR | Long

Long
kushalnit Updated   
BSE:ULTRAMAR   ULTRAMARINE & PIGMENTS LTD.
Trendline Resistance Breakout on Hourly Basis with Huge Volume.
Other Indicators give positive bias as well.
Risk Factors : Promoters have been selling since last week.
Buy : 405/407
Target : 450
SL: close below 358
Risk reward = 1:1
Comment:
Taking too long, exiting half the position at today's close of 408
Trade closed: target reached:
Exit at 455. Trade closed.
Comment:
12% profit.
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