Dewan Hosuing : Buy

24 Jun 2019

Dewan housing has already signaled by on RSI but we were waiting for 1 more day's confirmation. Bollinger band has supported at -2 SD . We'll trade it as mean reversion as market has bounced sharply from 60 and now trading near 78 ( below long term trendline on monthly chart).

Buy only in dip at 75-73 with stop loss below 67 for target 84 & 91

25 Jun 2019

Dagangan aktif

made low of 74.40. call has got activated. cmp 76.50

26 Jun 2019

Dagangan aktif

cmp 80.60. trail sl to 69.50

27 Jun 2019

Dagangan aktif

posted high of 83.50 Trail sl to 75

27 Jun 2019

Nota

Today's close is extremely positive. Buy tomorrow at opening around 81.50-83 with SL below 77 for intraday TGT of 88-90-93

28 Jun 2019

Dagangan ditutup: hentian tercapai

After our achieving our first target of 84 trialing SL for triggered at 77. Traders got Rs 9 move ( 12%) in just 4 days. We are little bit greedy when it comes to profit but quickly book losses.
Follow first principle of Trading. Extend your profit and cut your losses.