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onerighttrade
May 19, 2021 1:48 AM

FY21-22 Swing Trade Idea #32: Long on BATAINDIA Long

BATA INDIANSE

Description

This is a private swing trade idea. The idea is only for Learning and observational purpose and learn about proper risk management. We take a trade only when we are ready to lose the amount risked. Proper risk management is the core of trading and we focus mostly on it rather than on the trades. In case you take trades, the risk and responsibility is entirely yours. I would comment on any further updates on our entry, targets and stop-loss on this idea. You can post your queries in comment section and I will try to answer asap .

Trade active

Got entry into this, trade is active

Trade closed manually

Bata India: Made high 1598 two days back and our target missed by 4 points. it is right now at 1580 and I am booking profits in this. Instead of 75%, I will book 65% and trail rest with stoploss at entry. This trade is also closed successfully now.

Trade closed: target reached

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