Aurpharma has given good sign yesterday.. we can short this level Short hold with sl of 830... target 660-50.. cmp 814 Risk reward 1:10 ... risk 15 point reward 150 points
Before jump in to trade ask your financial adviser.
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12:39 >>cmp 808 intraday trader can book 800-802 around
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10:35 >> cmp 822 intraday can be short with strict sl 824
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trial ur sl cost to cost 822.. trade should not go in minus.
It's edging to 52w high...waiting to reverse to book min loss
ashokakbari
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@Jainam98, trade should never go wrong direction after entry.. if it goes means our entry is wrong.
Jainam98
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@ashokakbari, okay. Thank you for the lesson. I exited anyways at 819
je_sh
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What is the base behind such a big target? 790 is a support zone and so is 760, there seems to be no base to give targets of 660. Explain
ashokakbari
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@je_sh, yes there are lot of supports but still my taregt is 660 minimum before crossing 830
YatheendradasK
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@ashokakbari, This Script was really unpredictable last few months , looks like going to 850 +
je_sh
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@ashokakbari, target can be achieved in the next 1 year also, what is the reason for it to fall Is the question! Is the result going to be bad? Or some FDA issue? Giving targets is easy, providing base for it is important
this was the reason ... its not necessary to hit all target and we never get wrong. some times we do.. on daily time frame found engulfing candle so tried the trade.
je_sh
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@ashokakbari, I am not saying it won’t, I am just seeking the analysis behind it! I too post on trading view but would just want to learn the perspectives of others. We fail half of the times that’s what stoplosses are for. If we knew how the markets run then wouldn’t we be the kings too :p