I'll be getting into a long trade 1st thing on Tuesday.
SL would be 449 and Target would probably be 507 - 518 - ( I'll exit if I'm in doubt )
Tuesday (16-Aug ) being the Results Day, I'm expecting some screwup to happen.
Take the case of SBIN, The results were pretty bad and yet Stock Prices Shot up. However, the Chart did Show Signs of a Bounce the previous...
Nifty has been closing above 8600 for the past few days. If this continues, then 9000 levels are kind of a sure thing.
2-3 weeks is the time expected
I'll be entering 5 lots at CMP of Monday and keep an SL of 8540 :) . Basically the SL and Targets are just sweeeetttt
Happy trading guys.. Best of luck