fido44889

Archean Long Trade

Lång
fido44889 Uppdaterad   
NSE:ACI   ARCHEAN CHEMICAL IND LTD
Long archean chem
Long @ 539
SL @502
Tp1@ 608
Tp2 @701
Time frame 78 days end of oct to nove end 108 days
Handel aktiv:
If we get retest on trend line , buy some more
Handel aktiv:
Bought more today feeling fomo.
On discounted cash flow model fair value is rs 1064
Handel aktiv:
Trade still active , feels like retail has not piled in yet. cnbc awaz has not picked it as a trade , plenty of upside
Handel aktiv:
Amazing day today very bullish, up 4% on the day. Have stopped averaging, now just enjoy the ride up
Handel aktiv:
The price got rejected from 648 and closed at 647. No looks like we will see a little bit of consolidation. If cant wait sell when the price reaches 670 as the buyers try to keep the momentum going , as my time frame is near end of November, i will remain in the trade. Add more if price goes back to 600.
Handel aktiv:
So we again got rejected from 660 670, this is a strong resistance zone. we will probably see a pull back to 600. A definite Buy there once we leave that zone its ath and above.
Handel aktiv:
People who went long at the breakout are taking profit now, Stock is still undervalued, might be choppy for september last 3 months of the year expecting to reach 800+
Handel aktiv:
TRade still active nice pull back, might still go 612 to 600, add more there
Handel aktiv:
Bought more around 30%
@603
Handel aktiv:
Handel aktiv:
Kommentera:
Finally we have a breakout today, need continuation tomorrow to confirm it

Trade stängt manuellt:
Trade closed
@623

Profit margin 12%.

Reason , didnt like the fact that the price could not break ath.
Usa markets are bearish, felt ok to take off the table

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.