MOMENTUM SWING TRADE IN RELIANCE (SHORT/BUY) SEPT FUT

SO SHORT TRADE PLAYED OUT PRETTY WELL
DONT BE FOOLED THAT THE STOCK HAS TURNED FOR GOOD
BE AWARE ITS EXPIRY
NOW WE CATCH IT ON THE UP SIDE
A SLIDE TO 1245 CAN BE SOLD NOW AND COVERED @1250
AND ADD FRESH LONGS @1245-50
FIRST TRADE
SHORT@1280
STOP@1290
TARGET@1250
LOT:1000
QTY:1

SECOND TRADE
BUY@1245-50
STOP@1235
TARET@1280
LOT:1000
QTY:2

Trade closed: target reached:

1ST SHORT TARGET HIT
AND LONG TRADE NOW EXECUTED

Trade active:

NOW YOUR LONG TRADE IS ACTIVE WITH A REVISED STOPLOSS OF 1230
WE WILL USE THE PROFITS FROM THIS TRADE AS A STOPLOSS

Trade active

Trade active