REPOST
Achieved 13% return on short call given on TataMotors within a week. Perfect positional trade with a simple yet powerful concept of trading: RSI Divergence and Trendline breaks
Time stamps for trades on previous post:
Short at 198-200/
SL: 210
Targets 190,185,180
Jan 14
Trade active
Jan 18
Trade active: Market actively trying to consolidate,
waiting for a good fall from break of trendline in next week
However if all goes green and market continues favoring the bulls, i would suggest a SL of 206 for~ 3% loss
210 for~ 5% loss
Entry Point 200
Jan 22
Comment: Target 1 & 2 reached. Book part profit if you want to
Jan 24
Trade active: New target for Fat profits at 175
Since we are safe from making a loss on this one, i have booked 50% profits at 7%~move 200>185
The remaining position is left to trigger at Target 175/SL 192.
Guarenteed 6% return on the position taken
Jan 28
Trade closed: target reached: Fat
Achieved 13% return on short call given on TataMotors within a week. Perfect positional trade with a simple yet powerful concept of trading: RSI Divergence and Trendline breaks
Time stamps for trades on previous post:
Short at 198-200/
SL: 210
Targets 190,185,180
Jan 14
Trade active
Jan 18
Trade active: Market actively trying to consolidate,
waiting for a good fall from break of trendline in next week
However if all goes green and market continues favoring the bulls, i would suggest a SL of 206 for~ 3% loss
210 for~ 5% loss
Entry Point 200
Jan 22
Comment: Target 1 & 2 reached. Book part profit if you want to
Jan 24
Trade active: New target for Fat profits at 175
Since we are safe from making a loss on this one, i have booked 50% profits at 7%~move 200>185
The remaining position is left to trigger at Target 175/SL 192.
Guarenteed 6% return on the position taken
Jan 28
Trade closed: target reached: Fat
Trade closed: target reached
Falling even more!
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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.
Related publications
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.