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Afzal Lokhandwala, market commentator and trader at FinTwit / Social Media, reports that TFCILTD has risen 66 percent and ENGINERSIN is up 22 percent. Partial profits have already been booked in both positions.
Lokhandwala states that the remaining holdings in these trades are now risk-free, with no risk of loss on the outstanding positions. He advises maintaining these positions while the trading system indicates a hold.
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Lokhandwala previously reported an 18 percent gain in ENGINERSIN with some profits secured after a partial sale, as detailed in a recent update. He also closed an ABB trade for a realized loss after hitting his stop, according to an earlier report. These updates provide further detail on his recent trading activity.