VAIBHAV GLOBAL LTD
Long
Updated

Vaibhav Global Swing Idea

Vaibhav Global has shown good relative strength in past few weeks.
Now the stock is trading near an important resistance level and has given a good bullish close today.
We can expect a further 5-8% move if there is a breakout from resistance.
T1 will be 3%
T2 will be around 1180
Will ride the trend later on if price goes above 1180 level and trail my SL using 5EMA.VAIBHAVGBL
Trade active
Note
T1 of 3% done.
Trailing stop loss now.
Note
Made high of 1156 but straight after fell to 1190 level.
Still trading near an important level.
Trade closed manually
Trailing stop loss hit. Overall exit is in green, and still expecting a good run from the stock.However my viewpoint was for only a 2-4 days trade & so i have exited.
Trade closed: target reached

Disclaimer