Long BPCL for 10% upside - 05/12/22

2022年12月4日

Long BPCL for a minimum of 10% upside.
Target: 375
Stop loss: Dynamic

2022年12月4日

交易進行

Buy at Monday's open. Target 10% from execution. Dynamic real-time stop loss. Cheers!

2022年12月6日

註釋

Hold. Prices are retesting.

2022年12月15日

註釋

UPDATE: 3% (351) up. Trade remains intact. Patience is the secret ingredient.

2022年12月30日

註釋

Retesting trendline breakout. Held fairly in the recent market-wide correction. Trade looks fine.

2023年1月24日

註釋

Close BPCL at 349 early because the Union Budget is close.
Profit of just 2.9% in 55 days versus a target of 10% in 120 days.
However, we did fantastic on the other position of BALKRISHNA INDUSTRIES which achieved the 10% target.
New idea: SUNTECK (it's in my profile, check it out)

2023年1月24日

交易結束：目標達成

Profit of 2.9% vs original target of 10%.