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crazzymike1993
Oct 10, 2020 6:42 PM

LONG on SUNDARAMFINANCE from 1300 levels targeting 1460 Long

SUNDARAM FINANCE LNSE

Description

The daily trend is up. The question is now will it form a DB or break the level. Well it tried to break level and formed a clear rejection on the daily and closed above the previous days low which shows depletion in momentum. Manage your risk and you are good to go. Best of Luck

Comment

done with the targets. A good 1:5.5 RR...
Comments
dbangali
how did you calculate RR 1:5.5 .. It will help...
crazzymike1993
@dbangali, brother i had about 30 rupee below my entry as a stoploss...and for targets i got 165 points...so its a 5.5R trade...its basic risk management and you should rules built by urself to your trading...its a must
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