This is a contra bet and the trade triggers only above 226. It is a contra bet because the entire auto sector has been underperforming due the the rise in commodity prices.
Trade triggers on sustaining above 226
Stoploss of 220 hourly close basis. SL is moderately small as it is a contra bet.
Targets have to be trailed and if it manages to break above the trendline then RR becomes very good.
Trade triggers on sustaining above 226
Stoploss of 220 hourly close basis. SL is moderately small as it is a contra bet.
Targets have to be trailed and if it manages to break above the trendline then RR becomes very good.
Trade active:
only paper trading this one but its active
Trade closed manually:
Got stopped out @ 231 trailing SL .