Risky trade - Sell Asian Paints below 1887.2 Kort

ASIAN PAINTS LTDNSE

Beskrivning

⋅ 19 aug 2020 08:31

Sell - Asian Paints below 1887.2
Target - 1860 (Bollinger band center line )
Risky trade based on Bollinger Bands retracement strategy

⋅ 20 aug 2020 03:51

Exit as the stock made a low of 1865 at Bollinger band centre line .
It was a risky trade as stock was in a uptrend & we were trading against trend.