RECLTD Buy near CMP (Positional)

Jul 9, 2020

RECLTD buy around CMP (presently 107.2-107.3)
SL: 0.5 Points
Tgt: 2.75++ Points

Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering.

Jul 9, 2020

Trade active

1 lot fut bought when spot price = 106.3
SL: below 105.65 (0.65 points)
Lot size 6000
Max anticipated loss: 3900 Rs

Jul 9, 2020

Note

Typo error: Present CMP is 106.3 and NOT 107.3

Jul 9, 2020

Note

youtu.be/ulOHfYv493Y

Today's Video

Jul 10, 2020

Note

Open Price will be 107.1 - Safe traders may exit at open price as it is more a 1:1 Risk reward ration. (0.8 Points)
However I will be holding and maintaining my SL as 105.6-105.65.

Jul 10, 2020

Note

Still on HOLD, Revised SL:105.3 (6000 Rs anticipated Loss)

Jul 10, 2020

Trade closed: stop reached

SL Hit (I exited at a 6600 Rs loss)