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SumeetTrader
Jun 12, 2021 1:35 PM

Jindal Steel - Up-move begins after 61 % re-trace levels Long

JINDAL STEEL & PWRNSE

Description

Jindal Steel - Up-move begins after 61 % re-trace levels, strong Volume
T1 - 450
T2 - 475
T3 - 500
Comments
SumeetTrader
Trade Ideas

Ideally you could Iniate a 430 - 450 Debit call Spread and then manage the trade after you in profit to make it risk free.
You could do a FLY with 430 CE (1 Lot) - 450 CE (2 Lot) and 470 CE (1 Lot) as 450 is a resistance level. R:R is 1:7
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