NSE:IGL had gone up 4% after market open due to good Q1 earnings which was released late on Wednesday after market hours. There is a zone at 332.85 from where we can witness profit booking which should help in achieving our first TP which is 2:1
Entry at 332.85 with SL 334.65 and first TP at 329.20
Note: Please Consult Your Financial Advisor Before Taking Any Decision Always risk 1% of account size per trade, adjust the position size accordingly
Trade active
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Comment
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For traders with RR 1:1, they can close the trade at 331.
Trade closed: target reached
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Target reached for traders with RR 1:1. Price: 331
Trade closed: target reached
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Target reached for traders with RR 2:1. Price: 229.20
Comment
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***above correction price is 329.20
Trade closed: target reached
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Target reached for traders with RR 3:1. Price : 327.40
Comment
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All Targets achieved, with a total return of 3% with 1% risk