IDFCFIRSTB Looking Bearish

10 Tem 2021

ANALYSIS : Head and Shoulder Pattern + RSI Resistance at levels near 40

ENTRY : Below 53.75
EXIT : 1D candle closing above SL
TARGET : 45.1
STOP LOSS : 55.05
TIMEFRAME: 1-3 months
R2R RATIO : 5.63

Trade Execution :

• Sell IDFCFIRSTB1! ~ 2.4 Lakhs
  
• Buy Options - July 45 PE ~ 2K, Aug 45 PE ~ 5K
  

11 Ağu 2021

İşlem kapandı: hedefe ulaştı

Finally after almost 1 month