maulik0520

Long on HSIL, Traingle breakout with volume

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maulik0520 アップデート済   
NSE:HSIL   None
Stock Gave a good volume breakout from triangle pattern, currently is retracing after the breakout, can be bought at CMP or if it touches the trendline, then it will bounce back.
If it crosses 200 with good volume then can see higher targets of 220+

CMP 170
first Target 195+
SL 155
Return - Approx 15 to 20 Percent
TF within 1 month
トレード終了: 利益確定目標に到達:
Stock Gave the target within 2 days only, gave high of 226 i.e approx 30 Cent rise. still at more than 20% return. Can book partial profits or keep trailing, as company has given promising result hence might give a good rally after short time. Keep trailing with SL of 190.
トレード稼働中:
looking at bullish flag pattern being formed in the stock, currently consolidating. if it breaks the pattern on upside, then minimum 30 percent is expected in short time
the pattern will be considered not following if the stock closes below 193 on closing basis.
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