ICICI BANK SHORT

May 29, 2023

15 min resistance with a 4 points SL target of 100 points. The R-R is always low in my trades.

May 30, 2023

Note

TARGET 1 DONE

Jun 22, 2023

Note

Trade still continues and this is a no loss trade as of now, this is just another 2-3 months ahead PE option. Keep trailing SL is what I am learning from this trade. I usually trade 1 min frame so a larger frame need patience which I am being tested in this trade.
Entry was 958, current price is @435 so my SL is @ 945 which will end up in profit.

Jun 23, 2023

Trade active

Price has reached 4.5% in profit as of now and yet no sign of reversal. Total target is 8% will keep trailing/adding winning positions into this trade.

Jun 26, 2023

Note

Price is stuck within range for now however this is a no loss strategy with already 4% profit in PE would buy OTM CE for myself in this case at EOD if there just to protect my profits & avoid losses. If the trade goes to 8% profit by this or next month I will hedge this & take good points :)

Jun 30, 2023

Trade closed: target reached

closing trade in good profit