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UnknownUnicorn381249
26 Eki 2017 05:40

Screaming buy: Too Much Divergence Alış

INDUSIND BANK LTDNSE

Açıklama

Oversold RSI and price action showing bounce from previous support. Target 1645 sl 1590 closing basis

Yorum

1640 call closed

İşlem kapandı: hedefe ulaştı

Oops actual target achieved as well
Yorumlar
yndesai
I would rather consider this as double top and take bearish view on this counter considering breakdown with significant volume...
UnknownUnicorn381249
@yndesai, Yup looks different from different prospective. thats why stoploss in place
UnknownUnicorn381249
@yndesai,
nothing is certain
yndesai
@afteroneday,

Breaking of bottom between 2 tops with good volume is difference.

Indusind has broken 1640 (your call also has this level as target making risk to reward not very favorable)
nifty did not break 9680


Good to have different views. lets see how this one turns out...
UnknownUnicorn381249
@yndesai, i have given at 1602 at sl 1590 stoploss of 10rs and target of 1640. 1:4 is good for me. If you are operating on better margins I am all ears.
yndesai
@afteroneday,

10 on 1602 is too thin to outperform brokerages.
who is your broker?
UnknownUnicorn381249
@yndesai, zerodha and again stoploss is nothing to do with outperforming. when your trade hits stoploss your brokerage, stt .........adds up to the losses and vice versa
yndesai
@afteroneday,

Cool your target achieved . . . !
Now, Check a bearish scene here.
Entry 1640 target 1510 Stop 1700
UnknownUnicorn381249
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