BHEL Triangle bullish above 185 SL 180 Target 285

[V.VEDANAYAGAM]

BHEL FORMED TRIANGLE with low volume but good volume at the breakout point
TRADE PLAN BHEL Long ENTRY 185
STOP LOSS 180 (RISK 5)
TARGET 285 (REWARD 100)

[Naveen]

Respected sir,

as per the graphical data the target can be 190-192. but you are fixing the target based on the chart it is not possible when it comes to live market.

[V.VEDANAYAGAM]

DEAR SIR /MADAM
Why we have to fix the target as risk =reward when the market it self without correction goes above and that too with a week time
IN real market when the movement of the scrip is in our favour just move with the trend and reap the possible profit
This is how we can make profit to over come the losses and small profit trades in which we are bound to EXIT as the scrip movement is not in favour of us
PLEASE DO NOT MENTION RESPECTED SIR ,FOR I AM ALSO A LEARNER LIKE MANY PEOPLE AND I ALSO MADE MISTAKES BOTH IN ANALYSIS AS WELL AS REAL TIME MARKET

[Author]

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