// DAILY SWING CALL (Not an Intra-day Call) // Tuesday 8th of September 2020 // Buy when INDIA VIX < 19.5
CMP / LTP: 2819.75
TARGET: 3382 (20% Around)
STOP LOSS: 2537 (10-12% Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects after my buy call. If u don't want an aggressive trade, you can wait for a "possible" (not guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3- 5%range). This way the Risk Reward can be improved and profit can be maximized. - This is a swing trade call and not an intra-day trade - Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis. - Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested for all my trades, but if SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. - All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks. Disclosure: I may or may not have a position in this trade.