MaheshWG

IGL Swing/Short term trade

Long
MaheshWG Updated   
NSE:IGL   INDRAPRASTHA GAS
Entry around 350

Target 1 390
Target 2 410
Target 3 440 - 450

Note : The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
Trade active:
Entry triggered and also trendline breakout achieved.
Comment:
Target 1 390 achieved
Comment:
Trail stop loss from 365
Trade closed manually:
Trailing SL hit at 365
Comment:
If you were to follow my ideas. I will ensure that you preserve your profits or cut down the losses.

So I gave the trail stop loss at 365. So that you remain in net profit or no loss.
That way, you might miss good profits. But you won't end up losing more.
You might get more winning opportunities in future. But never lose more in a single trade. Cutting down losses short is the key for survival or make money in this market.

I learned that hard way.

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