WONDERLA | Solid breakout with volume, excellent retracement Long

WONDERLA HOLIDAYSNSE

Description

⋅ Aug 14, 2021 12:48 PM

WONDERLA | Solid breakout with volume, excellent retracement with dragon fly candle close in weekly time frame.

CMP : 236 ( Dip : 220)
SL : 200
Target : 320,420

Almost 1:4 risk reward setup

Comments

PSDURGAM

⋅ Aug 14, 2021 3:28 PM

sir but the company has not reported profit in past 5 quarters. wouldn't it have an impact ? can we solely based on chart enter in to such trades?

srikartiram

⋅ Aug 14, 2021 4:37 PM

@PSDURGAM, it’s a profitable and cash rich company. Business is closed due to Corona only since March 2020.

However I’m a pure supply and demand trader based on technical analyse. Hence it’s just a trading script to me.

PSDURGAM

⋅ Aug 15, 2021 6:37 AM

understood sir. thankyou very much.

puneetjoshi7687

⋅ Aug 15, 2021 6:23 AM

297 paa krne do dada, fir dekhenge. itni bhi kya jaldi hai

srikartiram

⋅ Aug 15, 2021 7:35 AM

@puneetjoshi7687, Thank you