satyam15

bajaj finnace preemting reversal

Long
satyam15 Aggiornato   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
bajaj finance is in a downtrend from longtime
but the first time it has crossed a lower high and didn't make the lower bottom
it has bounced from the trendline...trendline is less reliable but I would take sl as closing below it on a daily basis
target 6497 and 6695
risk 7% reward 10%

not favorable from risk reward point of view but sometimes as trader we take these risk


keep position sizing in check
buy right sit tight
wealth generation means longterm
Commento:
sl now 6140 on closing basis
Commento:
sl now 6445 and wait for target i want to book full at 6497
i am booking 50% and will wait with 6400 sl for target of 6695
Trade attivo:
first target achieved now sitting with tight sl for second target
Trade chiuso: stop raggiunto
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