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DAILY SWING CALL // Thursday 14th of January 2021 / NSE: MAGMA

DAILY SWING CALL // Thursday 14th of January 2021 / NSE:MAGMA

// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //

CMP / LTP: 45.05

TARGET: 52 (15% Around)

STOP LOSS: 40.5 (10% Max)

Standard Notes:

- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.

Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks
Fundamental AnalysisHarmonic PatternsTrend Analysis

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