Equity-Earningz

DABUR : Risk/Reward 1:5.50

Long
Equity-Earningz Updated   
NSE:DABUR   DABUR INDIA LTD
Expecting FMCG to do well in while nifty will consolidate around 12000 to 12300 eventually going 12500+

I don't think we are going to visit yesterday's dip very soon. Though nothing is sure, we can't predict the market. That's why the term stop-loss is a wonderful thing.

Buy Dabur : 455
Stop-loss 449
Target 487 (New Life High )

Risk/Reward 1:5.50
Trade active
Comment:
#2020(4)
Comment:
Trump sending more love to Iran. Now there will be retaliation. So Gap-ups and Gap-downs.
Dabur & Nifty Stop-loss hit in the opening but waited for 5 min candle to break low. Which didn't broke it.
Which is not a good practice but in the event like this one can try. Not Everytime.
Dabur exited at 550. SL.

Not playing with stops
Trade closed: stop reached

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