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[Range Breakout] BHARATFORG

NSE:BHARATFORG   BHARAT FORGE
Buy Above 447.9, SL 438.2, Target 467.3
Sell Below 438.2, SL 447.9, Target 418.8
Trade active
Comment: Let us see how to manage risk,
Say we have a capital of 1 lakh,
Let us not risk more than 1% of the capital,
So we should not risk more than Rs. 1000,
Taking into account slippage, brokerage and other charges,
We should not risk more than Rs. 800,
So the quantity here should be = 800/(447.9-438.2)= 82
Trade closed manually: TSL Hit

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