Trading idea for the stock
Buy: 287
Target: 315
Stop loss: 276
Profit: 2548
Loss: 1001
Risk/Reward: 1:2
Quantity: 91
The stock has given a breakout and closed at an all time high which could see profit booking happening.
Watch the movement of the stock and my suggestion would be if it falls a bit and then starts moving upwards take the trade. If the stock does not fall and starts its upward journey then use below levels for trade.
S1 - 210.65
S2 - 183.95
S3 - 168.00
R1 - 253.30
R2 - 269.25
R3 - 295.95
Buy: 287
Target: 315
Stop loss: 276
Profit: 2548
Loss: 1001
Risk/Reward: 1:2
Quantity: 91
The stock has given a breakout and closed at an all time high which could see profit booking happening.
Watch the movement of the stock and my suggestion would be if it falls a bit and then starts moving upwards take the trade. If the stock does not fall and starts its upward journey then use below levels for trade.
S1 - 210.65
S2 - 183.95
S3 - 168.00
R1 - 253.30
R2 - 269.25
R3 - 295.95
Trade closed: target reached:
Target reached