Mindtree, 3790-3810 good zone to short, F&O traders make money

2022年11月13日

Although there is great movement in IT index on Friday but caution advised now in all IT stocks . Keep booking your profits, trail it tightly as now most of the IT stocks are near monthly & weekly CPR/ATR resistances. Similar case is there in Mindtree where 3790-3810 will be great zone to short with low risk high reward setup. Since I will be planning to take the trade against the uptrend I would like to keep qty low and pyramid once it starts moving in my direction. My targets will be 1) 3660 2)3620 3) 3600 4) 3540. Offloading qty at different levels and trailing will give me cushion to achieve higher targets.
Always respect risk , happy trading.

2022年11月16日

交易進行

Target 1) achieved 2) achieved 3) now trailing last lot for final targets.

2022年11月17日

交易結束：目標達成

All targets achieved :)