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Wonderla Holidays / Trendline Breakout

Long
NSE:WONDERLA   WONDERLA HOLIDAYS
Wonderla Holidays is showing price strength it has broken its trendline and cup and handle resistance with good volumes. Expected to give a good move.

  • SL 205
  • Target
  • 288
  • 348
  • 470


Pyramiding into a trade:

Don't take the full position at once
Maybe buy 25% on the initial signal
Add another 50% on confirmation of the signal
Add another 25% on the follow-through of price action
Build your position 1 step at a time,
Add to winners and losers are cut short