FINOLEX CABLES LTD
Long
Updated

Pullback opportunity in FINCABLE

87
A pullback opportunity is spotted in FINCABLE. This is a swing trade.
I have risked 1% of my trading capital. Below are my trade specifics.

Entry : 382.20
SL : 363.90
TGT : 424.75
Note
After the entry we have seen two wide range bearish candle, although they are of the low volume, it would be cautionary to reduce our position size and wait for the market to play out.
Note
Raising my SL to 378
Trade closed: target reached

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