Profit Booking

It is always advisable, for swing traders, to book profit into strength. As a rule, I book half my position on the 5th day and trail the remaining half using the 10/21 DMA. Update on positions suggested on 01/01/24 1) ATGL is trading at 1100+ against recomm price of 1000. 2) PFS is trading at 45.5 against recomm price of 42.5 3) Spicejet is still hovering around the 62 level 4) One point one is trading at 60 against the recomm price of 52 5) Spencer Retail did not cross the buy point yet (stands canceled) Profit can be partially booked in ATGL and One Point. PFS and Spicejet can be given a couple of days more. A few more stocks to track as on 04/01/24 - 6) Schneider above 410 7) Agstra above 95 8) Edelweiss Fin above 79 To reiterate, do keep in mind that these are micro/small cap stocks, therefore position size accordingly. A good start is to have an SL closer to the ADR of these stocks, which is on average around 6%.