Short on IRCTC trade-Time frame Mar2023

2023年2月16日

CMP 640, Target 500, Time frame march 2023. Expecting the IRCTC to trade at the levels of 500 by march 2023. Based on the continuous downtrend for the last 3 consecutive months , and expecting to touch the lower end of the Bollinger band. Expecting the target to hit within next 1month . One can trade sell futures at CMP or buy put options in HAL with the target given . The view is mine . It’s not a buy : sell recommendation.

2023年2月22日

交易進行

20 points down from the CMP.hold for bigger profit

2023年2月23日

交易進行

40 points down . One can still hold for bigger gains.

2023年3月31日

手動結束交易

CMP on expiry day at 560 ,80 Points down from the recommended levels, 875 per lot size =875*80=70,000 booked profit per lot.