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arunprashanth888
Apr 19, 2021 5:54 AM

Short ITC Short

ITC LTDNSE

Description

Short at 205
SL : 206
target : 203
R:R = 1:3

Stategy behind this trade :

Opened gapdown breacking the sideways market range previouly it was performing !!!! Breackdown
Short QTY = account size (Means how much you could buy this price stocks for delivery )

Happy Trading Guys !!!!! and Trade with your own risk management

Comment

sorry target is 202 not 203
Comments
arunprashanth888
wait till 2 : 30 only and at 2 : 30 exit the trade after 2 :30 there will be profit booking !!!! so better to exit !!!!!!!
arunprashanth888
Damn doing sideways even when it is below rsi 40 below !!! if sebi had not increased the margin f&O then i would have shorted otm option CE this time value would have given enough time to be in no loss strategy !!!!
arunprashanth888
For now trail to 205.75
arunprashanth888
not enough volume coming !!!!! Still lets wait 2nd half will start big players come in 2nd half !!!!
arunprashanth888
Trail SL to 205.50 after 12 pm
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