JBCHEPHARM : LONG : 20% : R/R 5.4
Updated
- sitting quietly on 200 dma
- volumes not yet there, might see another short dip
- low risk trade, can get shaken out if the correction is deep.
- trade taken due to pharma index getting strong.
- wait and watch.
- volumes not yet there, might see another short dip
- low risk trade, can get shaken out if the correction is deep.
- trade taken due to pharma index getting strong.
- wait and watch.
Trade closed manually
- pharma taking longer to perform- consolidating number of pharma holdings
- moved the proceedings to laurus labs - seems better technical bet.
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