HAVELLS : Booked a profit of 10.38% on the invested capital

27 thg 2

I closed the position and secured profits as soon as the price hit the target levels. Although waiting for a precise exit at the upper trendline was an option, I chose not to take that risk due to the possibility of a market correction, considering the overall market is technically over-valued.

I'll monitor for a re-entry opportunity if the price drops back to the low of the diverging channel.

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Other posts related to this particular position and scrip will be attached underneath. Do check those out too.

]Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.