JYOTI CNC SHOWING A STRONG UPTREND
#JYOTICNC
JYOTI demonstrated remarkable resilience amidst the general market turmoil. While many stocks faced significant declines, JYOTI stood out from the crowd, displaying strength and forming a solid base. It emerged as a first mover as the market began to turn.
Entering the trade was straightforward, particularly on March 20th, when the overall market breadth was nearing oversold conditions. JYOTI executed an undercut action, prompting me to purchase some shares at 619 on 20/03/24 and additional shares the following day at 623.
As of now, I haven't booked any profits, but my plan moving forward is to gradually sell off a portion of my holdings into strength while retaining the rest to ride the trend further.
#TradeManagement #BreakoutStocks
JYOTI demonstrated remarkable resilience amidst the general market turmoil. While many stocks faced significant declines, JYOTI stood out from the crowd, displaying strength and forming a solid base. It emerged as a first mover as the market began to turn.
Entering the trade was straightforward, particularly on March 20th, when the overall market breadth was nearing oversold conditions. JYOTI executed an undercut action, prompting me to purchase some shares at 619 on 20/03/24 and additional shares the following day at 623.
As of now, I haven't booked any profits, but my plan moving forward is to gradually sell off a portion of my holdings into strength while retaining the rest to ride the trend further.
#TradeManagement #BreakoutStocks
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