PEL - Bearish Gartley

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Barish Gartley observed in PEL. Also levels near daily resistance zone.
Wait for a strong terminal candle before entering.
I'll be entering (if there is confirmation candle) with a combination of put options as IV is high.

Views only for educational purposes. Do your risk assessment before entering financial positions.
Trade attivo
We are long on 1340 PE and short on 1300 PE (to avoid time decay).
Trade attivo
Started profiting around 20% of risk exposure. Partial exit at this point is advised.
Trade attivo
Look at today's volumes... Stock already down by 40Rs. from our buy point, and now volumes confirming. Positions can be added on pullbacks.
Trade chiuso: obiettivo raggiunto
From 1337 to 1277, my target is reached.
Bearish GartleyGartleyPEL

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