NBCC (INDIA) LIMITED
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Continuation, Not Revenge: 3 Positive Trades

201
Yesterday I was trapped in NBCC and suffered small loss..see >>>

Nice Trap: A Trade Commentary



So the stock was already on my radar. Today, my buy setup was to wait for closing above 255 (my psychological key level yesterday) on 5 min. chart and enter above this closing candle. After few hiccups in the morning, there was a closing above the key 255 level @ 255.35. So my entry was at 255.50 with stop 254 and the first 1:1 target of 257. The target was achieved in the very same entry candle. After some consolidation, the second target 1:2 @ 258.50 was also achieved. I am still trailing with 1/3rd position.

I ll post the other two positive trades in the update section shortly.

Hit like, comment and follow.
Trade safe, be healthy.

Regards
Bravetotrade
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I am all out from NBCC @ 264.

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