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Dec 8, 2020 6:41 AM

POSITIONAL TRADE IN BAJAJFINSV DEC FUT  Long

BAJAJ FINSERV FUTURESNSE

Description

POSITIONAL TRADE IN BAJAJFINSV FUTURES
BUY@9000
STOP@8930
TARGET-1@9120
TARGET-2@9180
TARGET-3@9240
QTY=125

-STOCK HAS RETESTED THE BREKAOUT ZONE
-SWING PATTERN SUGGEST A FRESH RALLY STARTS ABOVE 9280
-IF WE ARE ABLE TO CATCH THE SWING LOW AND THE SWING OF 8940 IS TRUE
-THEN WE SHALL SEE A DECENT UPSIDE BEFORE THE BREAK OF SWING HIGH OF 9280
-IF THAT HAPPENS WE CAN STAY LONG IN THE TRADE
-STOP IS MINIMUM OF 8K
-PROFIT POTENTIAL IS HIGH
-RISK TO REWARD IN FAVOR
-WE EXIT IF BREAKS 8930
-REMEMBER IF 8930 IS BROKEN WE ARE SEEING A 200 POINT CORRECTION ON THE DOWNSIDE ALSO

Trade closed: target reached

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