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tortoise_wins_the_race
Mar 12, 2021 9:45 AM

Colpal Long Long

NSE:COLPAL120
COLGATE-PALM (IND)NSE

Description

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Buy: 1625 or CMP
Target: 1700
SL: 1603
Hedge: Sell 1700CE @10 or CMP

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Disclaimer:
I'm a student and currently learning. My ideas are best suited for paper trades. Consult your financial advertisers before making any investment/trading decision.

Trade active

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@1622

Comment

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Taken hedge Sell 1700CE @9.8.

Comment

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March hedge Short 1700CE is OTM, so no worries.

Putting sell order for next month's hedge, Sell 1700CE Apr expiry @9.00. Current by price 1622-9.8 = 1612.20.

Comment

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Cancelling Sell 1700CE April due to illiquidity. Will wait for a liquid position to build up, will sell around ~20.

Comment

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April hedge. Shorting 1700CE @9.6.

Trade closed: target reached

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Target hit.
Trend Analysis
Comments
mahesh11tare
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how many day,s to target go 1700
tortoise_wins_the_race
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@mahesh11tare, A week to a month. The strategy is to hold till either SL or target hits.

Disclaimer: This is only for educational purpose.
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