Be cautious - circuit stock

By sinless_bloke
Updated
Entered @ 229.5 Stock nearprevious demand zone, itmay show good reversal from here. This Stock moving in circuit so please follow good RISK MANAGEMENT My allocation is around 10%-12% . Sl @ current DL. Trade with small size (~5%) then gradually increase with upcoming opportunities.
Comment
bought small quantity at current level with stoploss at swing low
Trade closed: stop reached
stop reached earlier .eroded all profit gains and end up near BE. will look for fresh entry in future . trading this kind of stock is risky play, i would advice beginner to stay out of such stock or trade with small qty
Beyond Technical AnalysisFundamental Analysisswing-tradeswing-trading

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