Expecting a Slanting line breakout

Stock prices usually move higher if they break out of Slanting line breakouts.
Check Varun, Sun Pharma ( Not telling to take entry now ). Similar happening now in Vaibhav Global.
Once it breakouts expecting a 20% target around 490 - 500. Accumulate till 380. Keeping a bit long SL 370-368.

Kommentera:

I hope someone trading in Vaibhav Global.
Similar pattern in PFC, Vguard but volumes are not there. Need volumes for these trades to work successfully.

Kommentera:

Trailing SL now. Hoping for it to move to 490. Moving SL to 410.

Trade stängt: Stopp nått:

SL hit at 410. GTT closed the trade on Friday.
Trade closed in 7.8% profit.