THE SEARLE COMPANY LTD
Long
Updated

SEARL Long position

514
Monthly breakout confirmed

Short term TP Rs 100

Long term TP Rs 125+ and than trade with trailing stop loss.

Fundamentally, last quarter massive write-off done so in upcoming quarters we will see good profits

Impact of non-essential essentail products pricing will also improve profitability

Trade active
Please add TP of Rs 115 also
Note
Short-term target achieved. Trade with trailing stop loss
Trade closed: target reached
Today I have closed my trade.
Note
All targets achieved but already retraced at very good level. You can re enter for another good return of 20% atleast.
Note
So I reentered and am expecting 2X in the long run. The targets that I calculated were above Rs 200.

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.