Archean Long Trade

By fido44889
Updated
Long archean chem
Long @ 539
SL @502
Tp1@ 608
Tp2 @701
Time frame 78 days end of oct to nove end 108 days
Trade active
If we get retest on trend line , buy some more
Trade active
Bought more today feeling fomo.
On discounted cash flow model fair value is rs 1064
Trade active
Trade still active , feels like retail has not piled in yet. cnbc awaz has not picked it as a trade , plenty of upside
Trade active
Amazing day today very bullish, up 4% on the day. Have stopped averaging, now just enjoy the ride up
Trade active
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.
Trade active
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.
Trade active
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+
Trade active
TRade still active nice pull back, might still go 612 to 600, add more there
Trade active
Bought more around 30%
@603
Trade active
snapshot
Trade active
snapshot
Comment
Finally we have a breakout today, need continuation tomorrow to confirm it

snapshot
Trade closed manually
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
Trend Analysis
fido44889

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