BLUDEDART : Going Long for about 0.625% of the net capitalTook an entry for about 0.625% of the net capital from a level close to the low of the parallel channel.
Will be targeting the high of the parallel channel for profit of about 47% of the invested amount. Might even consider adding on to the position if price comes down to the low of the parallel channel, depending upon the momentum of the move.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
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Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
