FSL : Consolidation Breakout and Continuation
Updated
Good Consolidation on Monthly TF
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
Trade active
Marching slow and steady towards target.Note
SL can be trailed to 136 nowNote
175 so far. One can book partial Qty here about 30% and rest leave for SL as mentioned of 136. Once it crossed 175 then SL can be trailed to cost at 144.Note
193 as of today. now Booking 70% position here and Trailing SL to 180Trade closed: target reached
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