A 1:10 risk reward for this forging company
**IT IS A LONGTERM IDEA**
Follow the FIVE rules below:
1)Book whole profit at the target price if you want to Freeup capital.
2)Stick to strict stoploss,exit when hit.
3)Use supertrend indicator or monthly MA(Length is Based on your requirement) as a trailing stoploss(If you want to ride the momentum) and sell whole quantity when it hits.
4)Wait as long as it hits the TP.
5)Don't keep your capital allocation not more than 10% of available cash.
**CHART IS SELF EXPLANATORY**
Follow the FIVE rules below:
1)Book whole profit at the target price if you want to Freeup capital.
2)Stick to strict stoploss,exit when hit.
3)Use supertrend indicator or monthly MA(Length is Based on your requirement) as a trailing stoploss(If you want to ride the momentum) and sell whole quantity when it hits.
4)Wait as long as it hits the TP.
5)Don't keep your capital allocation not more than 10% of available cash.
**CHART IS SELF EXPLANATORY**
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.