M&MFIN | Breakout and retested the zone, ready for next move 25% Lång

MAHINDRA &MAH FINNSE

Beskrivning

⋅ 21 nov 2020 06:16

M&MFIN | Breakout and retested the zone, ready for next move 25%

CMP : 154
SL : 150
Target : 190

Almost 1:5 risk reward setup.

(Conservative traders can enter above 160 by seeing candle close but the risk is little bit higher to them)

Trade stängt: målet nått

⋅ 1 maj 2021 06:40

Kommentarer

YatheendradasK

⋅ 21 nov 2020 12:06

with the new Banking license policy by RBI , this move can be quick

Sid179

⋅ 22 nov 2020 09:16

Good one. Cheers. Can you share your logic for this SL? Generally how do you decide upon the SL? thanks

srikartiram

⋅ 22 nov 2020 09:18

@Sid179, Nothing like rocket science. Just few points below the Support. Generally i keep below support candle low. But the support should be strong.

Sid179

⋅ 22 nov 2020 23:55

@srikartiram, Thanks buddy.

UnknownUnicorn10804909

⋅ 24 nov 2020 07:50

@srikartiram ,hello sir, looks like it is moving up. I have taken long at 159.. chance of reaching 180??

srikartiram

⋅ 24 nov 2020 07:53

@LetsLearnEarnToGether, Its going to 191 :)

Mer