DAILY SWING CALL // Monday 7th of December 2020 // NSE:CAMLINFINE
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 123.4
TARGET: 142+ (15%)
STOP LOSS: 111(10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
FOR STANDARD NOTES / DISC: Please refer my earlier posts on Tradingview.com
Hi Mukesh, I am not sure if you are in my Telegram channel but as the stock was up by 7-8% there I had recommended same day exit as a standard practise I follow that. Anyways the SL which I had given is still intact. Try to follow SL on closing basis always. Never buy "huge quantity" no matter ho much conviction you have in ANY stock / trade, that's the key to balance your portfolio, be it swing or long term. As long as SL is respected you can stay in this trade, above 120 closing will be considered safe / bullish for this trade. Good Luck!
mukeshsingh92
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i exited it, SL of 118 was my mistake.. and I booked heavy losses... bought @ 125.. huge quantity... but then found my SL was wrong.. so entered again @ 117 today. not big quantity this time. but can I expect 20% upside from 117 lvl ?
Amit_Padishalwar
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@mukeshsingh92, And yes you can expect 20% and more upside in this stock keep holding with patience and follow SL. If markets are stable, you will be rewarded :-)