Exide Features Short

47 2
I am looking to sell Exide Features CMP 241 with stop 252 for Target of 224/208
Trade closed: target reached: Booked my Profit for 230 from 241 to 230
11 Points X 4000 Qty = 44,000 in 3 Days
Its Party time
Trade closed: target reached: it Met the Target 224
Booked another 50 % lot
Trade closed: target reached
is the trade still active for monday?
shiv2798 nalinakshi
@nalinakshi, Yes Madam it is still active , but please do not trade with stop of your choice in day trading , Check for any reversal signal then enter and take profit should be very easy to get , because this is features which is very high volatile and also have large Quantity of 4000 lot
so please consider all the aspects before entering of risk to reward , I am viewing it as weekly so my risk on this trade is INR 44,000.00 for 1 lot and my target of profit is INR 68000.00 so its high risk and reward investment ,
Again i would suggest you to take your all measured assessment and calculate properly of risk and reward then enter only after the confirmation of bearish signal
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