Stock Accumulation

7월 4일

Stock is being accumulated Near ATH. Price movements are within a very small range.
Short Term Target: 1st Target ( around 20% upwards from CMP: 552)
Short Term Target: 2nd Target ( around 50% upwards from CMP: 552)

7월 5일

코멘트

Short Term Targets :
1st: 564 (2.25%)
2nd: 590 (7%)
3rd: 597 (8.25%)

7월 11일

코멘트

Long Term Target: 2nd Target ( around 50% upwards from CMP: 552)

Short Term Target (1st Target) after September 24.

7월 29일

코멘트

All very Short Term Targets ( 564, 590 & 597 ) Achieved. >8 % in 28 days.

Current Status of Trade: SL still intact. Wait for Short Term Targets. Will update SL with time.

8월 2일

액티브 트레이드

First target achieved (approximately 20% of 552) in 29 days.

Now the SL is CTC, no losses should occur.

Some profit booking should be considered at this point.




The target was predicated on the notion of stealthily accumulating the stock holdings close to a price (about 550) that ought to be considered HIGH for the stock. However, the price's market behavior indicated different and remained steady at the level. This suggested that buyers were the only ones buying the stock and that sellers were not interested in selling. By breaking out of the accumulation zone, the trade reached its first target, which was around 20%.

Price will rise in accordance with the target indicated in the chart if interest continues beyond this point (2nd Target).

8월 23일

액티브 트레이드

Trailing Stop Loss at 600. We will now wait for 2nd target.