Please do like and share the idea in case you find it good and follow it for further updates on it. for benefit of everyone. Also, please comment if you have any feedback. This idea by onerighttrade team is only for study purpose and is not a trading call.
@abhi141992, before you buy anything, you need to understand the potential risk you are willing to undertake and it is as per your risk appetite, then only take that risk. I don't now what is MTF but anyway i will talk about my trade. I will exit it once it hits my stop-loss but it can go up after hitting my stoploss also, that is why its your decision especially when it comes to book losses. I think in any case, it should not trade below 2110 and if that happens, i will consider this upmove to be over
Bh_001
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30th July going down and down...what's future of HUL... ?.. not good feel as US markets also cracked down today...
onerighttrade
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@Bh_001, No one knows future and no one can tell future. stock trading is game of possibilities. Still HUL has not hit my stoploss , so i am still in trade. So What worse can happen to HUL? it can go down and hit my stoploss and then i will book loss on this trade. I am comfortable with this loss, so we should only risk the amount we are okay to lose (i am just trying to make you understand that there is nothing called surety in trading)