SaiKiran578

ICICIPRULI - 2 months Target 486

Long
SaiKiran578 Updated   
NSE:ICICIPRULI   ICICI PRUDENTIAL L
ICICIPRULI has shown a lot of strength on Friday and my view is bullish on this.
Long RIsk/Rewards are mentioned in chart with 3.57 Ratio.

Targets - 449.9, 586


SL - 394.6
Trade active:
Still able to maintain the momentum. As the risk is less now, one can enter.
Trade active:
First Target got hit. (second target is 486 in the above update)
From July'20 onwards, this stock is consolidating.
Looks very attractive above 460.5 rs, can see a big jump from there.

Modified targets now are 486, 527.

SL - 440
Trade active:
Bought DEC 450 CE at 19 rs. and holding it.
As long as the price is above 469 in Dec, my capital will be safe.
Currently It's trading at 30 rs.
Comment:
Closed DEC 450 CE at 29 rs., Afraid that, I might not buyers, as it's going deep ITM.
But I guess can keep it for some more time. but secured good profit.
Trade closed: target reached:
I took some 15 days more. But achieved our target.
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