IIFLSec- Price Action analysis

2021年6月6日

IIFLSec has broken above 72 level with Strong Move up to 75-76 level on back of strong volume push. VPA analysis of the subsequent retracement is indicating very little Selling happening on the counter.

Positionally the stock is in a established Bull trend expecting to touch 100, 120 on charts in the next 3 months.

View invalid below 50 EMA on 4 hour chart at 59 levels. Target1 has a good R:R at 1:3 at 100 and 1:5 at 120 Levels.

2021年7月7日

交易進行

IIFLSec hit 20% UC on 7th July. Expect to touch 100 soon for T1.. Will book profit on half and will be holding half of my position for next target at 120.

2021年7月14日

交易進行

Next 10 points done. IIFLSec reached 110.. Now 120 is in reach.. I will be exiting my position shortly.

2021年7月16日

交易進行

Reached my target R:R at 120. Exited at 121 another half of my position. I have kept my next target at 140 as T3 with a SL at 115. Great run with IIFLSEC

2021年7月16日

交易結束：目標達成

I will not be updating this counter anymore. Target having been reached. Remaining positions can be tracked for 140, 160 targets. SL to be moved 5 points higher than next targets as position moves to next level.