Warning: Only for risk-taker Investors. The share is at a risky level. However, I am very positive and confident share will not break the support level of 650.
STRATEGY: When share touch 650 and bounce back with a green candle then buy in small lots say 25. When there is again an upward movement in the stock, then again we will add a quantity.
Buying @ CMP 650-655
Target : 670-675
SL - If the Support level breaks 650, then we don't know how much it will go down. So as per your risk percentage say 5% you decided, then calculate the risk and put SL.
STRATEGY: When share touch 650 and bounce back with a green candle then buy in small lots say 25. When there is again an upward movement in the stock, then again we will add a quantity.
Buying @ CMP 650-655
Target : 670-675
SL - If the Support level breaks 650, then we don't know how much it will go down. So as per your risk percentage say 5% you decided, then calculate the risk and put SL.
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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.
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.