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Chhirag Kedia Profile picture
Chhirag Kedia
@swing_ka_sultan
Founder @tradetm_org | Trader | Philosopher | "I stand at the end of no tradition. I may, perhaps, stand at the beginning of one" - Ayn Rand

Aug 3, 2020, 5 tweets

New Position: #COSMOFILMS
Long @ 422

#Shakeout

Risk 1% on portfolio

Sold 1/3rd @484. Reduce due to results.

Wouldn't have reduced a stock on such a beautiful igniting bar after a tight small basing. But stocks often move on expectations & sell off post event.Wasn't willing to take overnight risk on full position.

Yesterday bought Back sold quantity @ 484, on the break of result day's high.

Weakness. Sold the quantity bought back again at @ 484. Sold @ 457.00

Final exit @ 444.85

Looking weak, needs time to reset

Generated 0.57% on PF

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