Power grid - long

Jul 20, 2020

Risk averse strategy: Buy at 164
Riskier: Buy now with SL at 161.5

Jul 21, 2020

Trade active

Buy triggered

Jul 21, 2020

Note

T1 - 167
T2 - 170
T3 - 172 (0.618 Fib retracement level)

Jul 21, 2020

Note

Those who missed the positions - See if it sustains with some Doji Highways on the 15 min charts - Now is a still a good time to enter with the stock perched at VWAP after initial jump. More often than not, momentum prevails & FIB levels are also supportive. Trade in futures or call options for overnight.

Jul 21, 2020

Note

I realise that came across as a trading advice. Please trade at your risk - doing your analysis. I already took positions :)

Jul 21, 2020

Note

T1 T2 done, SL updated to 168

Jul 21, 2020

Trade closed: target reached

Intraday positions closed!I am Long on options for T3

Jul 21, 2020

Trade closed: target reached

Will stay in to take advantage of momentum - target 174.5