Buy STAR with SL of 403 and targets of 429, 435, 443. Would recommend that one waits for a dip to get into this trade. Adjust your volumes according to the Entry price.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trade closed: target reached:
T1 reached as STAR made a high of 433.
Comment:
This was the perfect example of not to enter if a trade has achieved its targets on a Intraday basis. STAR achieved its first target in the first 15 minutes of trade. Also if one would have waited he would have got a very nice entry point. But its easy to say after the move has happened and hence we maintain the discipline of not entering a trade once its done. Exceptions would always be there.