JK paper- 3year classic breakout

23 Jun 2021

There was a breakout that came under my filter with volume supporting the move. As the resistance has been broken with the tremendous force the resistance has turned into a new support line and if there is any pull back than it would be till that level. As I always insinuate on applying the requisite SL to avoid any uncertain move and also use trailing SL so you get don't move out without taking some chunk out of it.

More details will be updated soon. Hold on the position if you have bought this stock that the breakout level.

2 Jul 2021

Trade aktif

As insinuated, if you would have acquired the position today you would have gained almost 16.70% in span of 10 days. You have to understand the market always gives you opportunity and that doesn't mean that you have to get all the stock at the BO or BD level you just need to have a appropriate knowledge of market and more than that you need to have a understanding of the herd psychology.

The stock is still showing the bull run. stay in the trade to get maximum out of it as we did in the case of sail I insinuated to take the profit at the 131 after which it reversed. Do apply requisite SL to avoid the whipsaw and have a proper capital management strategy as you're here for longer haul.