Sonata Software

Took a long position as the pattern was really good and missed the 1st target @50. As it was an uptrend waited for a pullback and trend continuation however price couldn't break @50 as there was a strong resistance in the monthly chart. Closed the position at breakeven as resistance in the higher time frame takes more precedence.
Will concentrate on other good patterns where there is not much of overhead resistance.
I'm in the process of moving my account to Zerodha as it will be convenient for me to breakeven a trade and I can increase my trade volume as many times even if price meets my target I couldn't close the position due to high brokerage cost and I just try to hold the trend and notice trend exhaustion.

 

This is a continuation trade of Sonata Software and this was one of the few stocks that I added to my portfolio in Aug-14 after I was back from vacation.
Most of my entries are slightly aggressive in the sense my entry will be near the support zone if I like the pattern and if it is a continuation pattern.