praveen.gupta

Indusind Bank Long @ Rs. 500.1

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
NSE:INDUSINDBK
Entry 500.1
Target 548.8
SL 483.8
Stock cmp is 505 and stock is entering in demand zone . price below 500 is good demand zone . stock is in uptrend, buy and hold for the 8-10 trading days.
Comment: Entry price triggered.
Trade active: Very beautiful bounce back in price observed today at Rs 500, which was our entry price.
Trade closed: target reached: Stock reached the target price , App Rs 50/- share profit

Comments

Sir
Can u pl clarify what is the amount that u r mentioning in target?
Reply
@gsiva, Hi Rs 548.8 is target price , qty depends on your buy capacity , please write more clear question.
Reply
gsiva praveen.gupta
@praveen.gupta, That I understood. What I am asking is, If I move the cursor over the chart in the green marked area, target points 48.70 with amt 51412.3 is getting displayed. What is this amt 51412.3 represent?
Reply
@gsiva, Hi Thanks for asking a nice question , even i had not paid minute attention on how this figure is displayed . The calculation is as follows.
Initial Investment planned 50,000/
Risk Rs 500/-
Purchase qty 29
Profit 548.8 - 500.1 = 48.7
Total Profit = 48..7*29 = 1412.3
Amount at Target = 50,000+1412.3 = 51412.3
Amount after Target Profit Rs 51412.3
Amount after SL Rs 49507
Reply
gsiva praveen.gupta
@praveen.gupta, Now got the point. Thank you Sir.
Reply
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