Horizontal line breakout

١٦ يناير ٢٠٢٤

On edge of line breakout. At all time high, clear breakout can give us 10-20% profit.
Results are okay. Good Fundamentals, acquisitions, dividend, profit etc.
For trading keep a candle close 266 as SL for a target of 330 - 250.
For investing try to add tranches until the fundamentals change.

٢٣ يناير ٢٠٢٤

تم فتح الصفقة

1st Target 330 reached on 20 Jan 24. Price moved 17% already. Trailing SL now.
Waiting for it to reach 350.

٢٩ يناير ٢٠٢٤

ملاحظة

Stock did not react -ve on dividend day. Not a thumb rule that stock price should fall on Ex dividend.
But considering 17 lakhs delivery qty. I want to believe there is strength.
Still holding not adding any position nor fresh entry now.

١٢ فبراير ٢٠٢٤

أغلقت الصفقة: تم الوصول لوقف الخسارة

SL Hit at 300. GTT closed the trade.
I think this is a shake out. Will observe before taking any call.
Trade closed in 9% profit.