sureshk05

Risky trade - Sell Asian Paints below 1887.2

Short
sureshk05 Updated   
NSE:ASIANPAINT   ASIAN PAINTS LTD
Sell - Asian Paints below 1887.2
Target - 1860 (Bollinger band center line )
Risky trade based on Bollinger Bands retracement strategy
Trade closed: target reached:
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.