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Amit_Padishalwar
Oct 6, 2020 6:31 PM

Daily Swing Call // Wednesday 7th of October 2020 // VENKYS Long

VENKYS (INDIA) LTD.BSE

Description

Swing Call for Wednesday 7th of October 2020 // This is a swing trade call and not an intra-day trade//

NSE:VENKEYS

CMP / LTP: 1540

TARGET: 1770+(15% Around)

STOP LOSS: 1385 (10% Max)

DURATION: In 15-20 Trading Sessions Target should be achieved

Notes:

- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period, but if SL / Target are not triggered and you still wish to
hold the trade, this can be done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)
- This is a swing trade call and not an intra-day trade

Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks

Trade active

Approaching Target

Trade closed: target reached

TARGET HIT
Comments
prasad_sumit
Can you please do an analysis on alembic ltd ?
Amit_Padishalwar
@prasad_sumit Hi Prasad_Sumit, Alembic Ltd is an excellent buy at current price 105 with minimum Target of 127 (21% Around) and strict Stop-loss of 98 (7% Around) on daily closing basis. RR is 1:3, If you are already holding you can add at these levels. 2 Months Horizon. Good Luck!
prasad_sumit
@Amit_Padishalwar, thanks alot Amit Bhai and best of luck
Amit_Padishalwar
@prasad_sumit, Thanks Bro..
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