HDFC_ Breakout awaited_ Long above Rs 2550
Zaktualizowano
HDFC was in a continuous "channel pattern" on daily chart. I am expecting a breakout near Rs 2550 levels.
SL will be low of previous daily candle (already marked in the chart), and I am expecting a target of Rs 2860 which translates into Risk Reward of 1 : 2.75
Disclaimer: Please do your own analysis before jumping into the trade. Till then, just be a spectator and evaluate how the price moves after a breakout.
SL will be low of previous daily candle (already marked in the chart), and I am expecting a target of Rs 2860 which translates into Risk Reward of 1 : 2.75
Disclaimer: Please do your own analysis before jumping into the trade. Till then, just be a spectator and evaluate how the price moves after a breakout.
Zlecenie aktywne
Uwaga
trailing my SL to Rs 2480Zlecenie zamknięto ręcznie
Trailed SL hit.Uwaga
I expect anyone who is reading my writings to know that there is nothing "certain" in the markets. Neither the %gain on stock nor "out-performance" or "under-performance". There is a risk and opportunity cost involved in both, buying and selling. Selling at any price can often result in "opportunity loss" when the stock moves higher and higher. Human psychology is a culprit here. For e.g. I post any stock which seems undervalued or overvalued to me on tradingview. When anyone makes money on that, they wont appreciate me "a single word". But when they lose or it results in opportunity loss, they are bound to blame me. I don't criticize any person, because I know their psychology has defeated them. At last, there is nothing like "easy money" in the markets. The survival of the fittest holds absolutely true here.
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