Well, it is a low-risk high reward setup and it's Justdial. Please keep the stop loss strict and update the TSLs as mentioned.
Note
Justdial is taking support at 410 as of now.Note
I have sold Justdial futures at 420. Right now it touched 410 and bouncing. Sell 400 PE at 4.45 as a hedge.Note
Closed the hedge on 3.45. Will be running naked now.Trade closed manually
Second target is breached. Please close this trade at 405.5. We made a 15 point profit. 15*1200 = 18000. We shall roll on to November after some time.
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Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.