theTradingSailor

RECLTD Buy near CMP (Positional)

Long
NSE:RECLTD   REC LTD
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.
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
Comment: Typo error: Present CMP is 106.3 and NOT 107.3
Comment: https://youtu.be/ulOHfYv493Y

Today's Video
Comment: 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.
Comment: Still on HOLD, Revised SL:105.3 (6000 Rs anticipated Loss)
Trade closed: stop reached: SL Hit (I exited at a 6600 Rs loss)

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