Asian Paints - Bearish Deep Crab

Asian Paints entering PRZ for bearish deep crab . People who are holding cash positions can either exit or hedge. We have hedged our positions with November series PE. I'll avoid trading short here till a conviction is reached as the stock has climbed upwards with a very strong momentum. Very experienced traders might like to try with a naked PE. Trade only post getting a strong bearish candle in daily chart .
Particulars of trade:
CMP = 2213
Target 1 = 1945
Stop Loss = 2317
R:R = 2:1
Views only for educational purposes, assess your risk and enter any financial positions.
Our material is free of cost. If you earn from our material, please consider donating 1% of your profits towards education of poor children.
Trade active: From 2213 to 2160 already... Share, learn, EARN and donate!