sinless_bloke

Be cautious - circuit stock

Long
sinless_bloke Updated   
NSE:GLOBAL   GLOBAL EDUCATION LTD
Entered @ 229.5 Stock nearprevious demand zone, itmay show good reversal from here. This Stock moving in circuit so please follow good RISK MANAGEMENT My allocation is around 10%-12% . Sl @ current DL. Trade with small size (~5%) then gradually increase with upcoming opportunities.
Comment:
bought small quantity at current level with stoploss at swing low
Trade closed: stop reached:
stop reached earlier .eroded all profit gains and end up near BE. will look for fresh entry in future . trading this kind of stock is risky play, i would advice beginner to stay out of such stock or trade with small qty
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