theTradingSailor

HDFCLIFE-Short Intraday Only below 594

Short
NSE:HDFCLIFE   HDFC LIFE INSURANC
HDFCLIFE-Short Intraday Only if 5min candle close below 594
SL:4 Points
TGT:8++ Points (will update later)
Trade active: Shorted 1 Lot fut when CMP = 594
SL : 597.8-598
TGT: 590 (or lower will update later)

Long trade is not active - its still on hold
Comment: 1st TGT: 589.9-590
Safe traders can exit (Lot size 1100).

Others may trail SL to 595
Comment: TGT1 hit: 589.9 (4.1 Points, Lot size 1100)

Self trailed my SL to 593.5
Trade closed: target reached: Exited around TGT @ 588

Entry Price was 594
Risk:4 Points
TGT achieved: 6 Points
RR Ratio: 1:1.5
Comment: Today's trade videos:

https://youtu.be/m288znLxUyw

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.