Prem_Agrawal

[ POSITIONAL ] CANBK BUY SETUP

Long
NSE:CANBK   CANARA BANK
RISK : REWARD RATIO 1 : 2

1 ) BULLISH ENGULFING CANDLE
2 ) DEMAND ZONE
3 ) TRIANGLE BREAKOUT

REST AS PER CHARTS

RISKY BET
Comment: It is consolidating too much , so TSL to 101.30
Trade closed: stop reached

Comments

Tmrw target for CANBK sir ?
Reply
Prem_Agrawal yukesha88
@yukesha88, Its a positional bet , it will either hit Sl or Target
Please wait till then
Reply
yukesha88 Prem_Agrawal
@Prem_Agrawal, today I bought 110 ce
Reply
Prem_Agrawal yukesha88
@yukesha88, I think buying 110 CE was not good trade

Buying CE means going Long and you went long on 110 CE which means you are predicting that CANBK will be above 110 CE on Expiry

I would rather suggest you to take a hedged position , If you want I will create one for you
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