RELIANCE INDUSTRIES LTDUpdated MOMENTUM SWING TRADE IN RELIANCE (SHORT/BUY) SEPT FUT
SO SHORT TRADE PLAYED OUT PRETTY WELL
DONT BE FOOLED THAT THE STOCK HAS TURNED FOR GOOD
BE AWARE ITS EXPIRY
NOW WE CATCH IT ON THE UP SIDE
A SLIDE TO 1245 CAN BE SOLD NOW AND COVERED @1250
AND ADD FRESH LONGS @1245-50
FIRST TRADE
SHORT@1280
STOP@1290
TARGET@1250
LOT:1000
QTY:1
SECOND TRADE
BUY@1245-50
STOP@1235
TARET@1280
LOT:1000
QTY:2
DONT BE FOOLED THAT THE STOCK HAS TURNED FOR GOOD
BE AWARE ITS EXPIRY
NOW WE CATCH IT ON THE UP SIDE
A SLIDE TO 1245 CAN BE SOLD NOW AND COVERED @1250
AND ADD FRESH LONGS @1245-50
FIRST TRADE
SHORT@1280
STOP@1290
TARGET@1250
LOT:1000
QTY:1
SECOND TRADE
BUY@1245-50
STOP@1235
TARET@1280
LOT:1000
QTY:2
Trade closed: target reached
1ST SHORT TARGET HIT AND LONG TRADE NOW EXECUTED
Trade active
NOW YOUR LONG TRADE IS ACTIVE WITH A REVISED STOPLOSS OF 1230 WE WILL USE THE PROFITS FROM THIS TRADE AS A STOPLOSS
Trade active
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.