Expecting the stock to move towards its pre-covid highs, but due to uncertainty, the first target can be at 177. SL at 135.5, giving RR of 3:1 at CMP.
The stop loss can be trailing and cut half the position at target, to reduce risk on profit earned.
The stop loss can be trailing and cut half the position at target, to reduce risk on profit earned.
Comment:
Wrong Title, the stock is Jindal Steel and Power
Comment:
Trailing stop loss to 149
Trade closed manually:
Closed the trade manually at 157.9
I thought the market was going to sell off a little more and hence, sold at the day's high point.
I thought the market was going to sell off a little more and hence, sold at the day's high point.