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srikartiram
Sep 25, 2021 11:37 AM

BERGEPAINT | Trendline breakout and retesting - Potential 10% Long

BERGER PAINTS INDNSE

Description

BERGEPAINT | Trendline breakout and retesting - Potential 10%

CMP : 840
SL : 820
Target : 930

1:9+ risk reward setup

(Used Fibonocci for next target level)

Trade closed: stop reached

Comments
dlknrao
Dear Karthik, Can we consider this as Breaching of SL 820 as it closed a tad below.
contact2vivek
If we buy option of this month will it work?
AmitJain24
@contact2vivek, options are always risky but rewarding. if you know how to play/handle on this .. its a great opportunity.
srikartiram
@contact2vivek, Nope. Option is a different game. Especially stock options are very dangerous. If you are beginner and have made only less than 2 lakh so for in stock market, don't step into option market. They will eat the capital very fast.
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