Description
⋅ Dabur making symmetrical triangle
Ready for breakout or breakdown
Buy above 316 or
Sell below 302
Trade active
⋅ Dabur gave a breakout. Went 305 -> 314 with a high of 316+ triggering the trade
Those who bought, enjoy.
Immediate target 320 / 328 / +++
Trade active
⋅ Had bought 315CE at 4.75 and sold at 6.5. Profit 4250.
Will enter again at 3.2 level.
Dabur is continuously making higher lows. SL 306.5 spot
Comment
⋅ Below 311 is no entry zone. Enter only above that
Trade closed: target reached
⋅ Exited the second trade @2
Profit from 1st trade -> 4250 (1lot)
Loss from second trade -> 1.2 * 2500 (1lot) = 3000
Final -> 700 profit
Not a great deal but saved any loss