IDFCFIRSTB Looking Bearish
Updated
ANALYSIS : Head and Shoulder Pattern + RSI Resistance at levels near 40
ENTRY : Below 53.75
EXIT : 1D candle closing above SL
TARGET : 45.1
STOP LOSS : 55.05
TIMEFRAME: 1-3 months
R2R RATIO : 5.63
Trade Execution :
ENTRY : Below 53.75
EXIT : 1D candle closing above SL
TARGET : 45.1
STOP LOSS : 55.05
TIMEFRAME: 1-3 months
R2R RATIO : 5.63
Trade Execution :
- Sell
IDFCFIRSTB1! ~ 2.4 Lakhs - Buy Options - July 45 PE ~ 2K, Aug 45 PE ~ 5K
Trade closed: target reached
Finally after almost 1 month
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