INDUSIND BANK TRADE PLAN: 06 JUL 20 ONWARDS
Indus Ind Bank
04 Jul 20
Consolidation range – 530.45-461 and further compression in price is likely with decrease in volume. Possible breakout to the upside can be witnessed in the coming days.
Trade Plan:
Buy – 515.85
Target 1 – 558.45
Target 2 – 582.60
Target 3 – 615.55
Strict stop below 445.75
R:R – 1.42:1 @T3
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
04 Jul 20
Consolidation range – 530.45-461 and further compression in price is likely with decrease in volume. Possible breakout to the upside can be witnessed in the coming days.
Trade Plan:
Buy – 515.85
Target 1 – 558.45
Target 2 – 582.60
Target 3 – 615.55
Strict stop below 445.75
R:R – 1.42:1 @T3
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Dhiraj Singh Bais
App : Power Profit Academy
Website : otm.dhirajsinghbais.com/PPW247
Twitter: @DhirajSghBais
Whatsapp: 7379556677
App : Power Profit Academy
Website : otm.dhirajsinghbais.com/PPW247
Twitter: @DhirajSghBais
Whatsapp: 7379556677
For Swing/Positional trade entry triggered as planned 515.85, target 1 hit @ 558.45 approaching target 2 of 582.60
Options standing as of 08 Jul 20 1404hrs
Option 1 Trade Plan Current Position P&L
Sell 450PE 20.55 7.90 +12.65
Buy 410 PE 9.6 4.50 -5.1
Profit on Option 1 +6040
Option 1 Trade Plan Current Position P&L
Sell 430PE 14.35 6.5 +7.85
Buy 400 PE 7.8 3.65 -4.15
Profit on Position 1 +2960