August Swing Trade Idea
Updated
TCS has been under profit booking for a long time. July momentum suggests that we may finally see a trend reversal in August. Will look to enter as soon as price touches 3340-3350 levels with SL @3300 and target @3500.
Trade active
Entered with average price 3333, SL @3275Trade active
Trade has crossed 1:1 risk-reward so we should not let this convert to a loss from now. SL shifted to buying price (3333).Trade closed: stop reached
Market opened below SL. Exited @ opening price with a small overall loss.
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