Bearish Butterfly - DLF

Bearish butterfly with PRZ marked in chart.
Trade to be entered only if a strong signal bar is seen AND RSI divergence is seen.
Target = 38% retracement of CD.

** Study only for educational purposes, do your own risk assessment before entering the trade **

Trade active:

Timing of entry at around 10 AM was good today. Booked partial profits today, leaving other half with trailing SL.

Trade active:

Target - 148 (38% retracement of CD roughly)

Trade closed: target reached:

My trade exited. Stock might still go down, but my target has been achieved.