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BHARTIARTL - Long at 538
BHARTI AIRTEL LTD
Long
BHARTIARTL - Long at 538
By iamPotato
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Updated
Apr 10, 2021
0
Cheer
Cheer
Apr 7, 2021
Reason for the trade:
1)Rounding bottom (Price action pattern).
2)S/R Flip with good volume.
3)Pullback trade on long side at 538
Sample position sizing for the trade:
Portfoilio : 70,000
Risk : 2.00 %
Amount at Risk : 1,400
Stock price : 538.00
Stop loss Price : 528.00
Loss per Share : 10.00
No of Shares : 140.00
R:R ratio - 2.6 (Minimum)
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Apr 10, 2021
Trade active
Entry at 538
Apr 12, 2021
Trade closed: stop reached
Supply and Demand
Support and Resistance
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