Happiness for catching exact..!

A stunning day was on, being a causal trader caught the channel breakout trade in the trendy stock of the Indian stock market. Yes, you are right I'm talking about RELIANCE(NSE: RIL) a trend changer stock of the Indian Markets which gave a return of more than 100%, since March 2020 low after a deadly crash of the worldwide Capital markets.

Reliance 5Min Candlestick Chart

This stock is filled with immense positivity due to its future growth prospects as told by Chairman of the company Mr. Mukesh Dhirubhai Ambani in its 43rd AGM held on 15 July 2020. The company has already received a total of 14th investment by world-leading digital tycoons mainly Google and Facebook.

I was pretty sure that once stock pick momentum it doesn't even retrace 10-20%, so the only option left was to buy at the low of small halt and hurry!... I got the exact low before next rally.

Ya! I know its only 4 quantity but being 20 years old enthusiastic of engineering field it's damn good.

As already lost thousands in just being greedy to become quick rich, a similar mentality of all young people entering into a stock market.

Reliance 15min Candlestick Chart 17.07.2020

Finally sold them at Rs. 1910/- Profit is not huge but on the capital of 1k it's 9.2%  which is far better.

Thanks for giving your valuable time

If you are here means you find it quite interesting 😇 

Disclaimer: It's my first ever blog so kindly forgive for mistakes held will be improving in the future.