INTRADAY TRADING SETUP

174
on 16-04-2024, we had taken a position in Poonawala, as you can see in the chart setup based on the gap filling strategy caused by the market fall on the previous day.
The stock had recovered with good volume on the previous day and based on the analysis, indicators and the price action we had taken a position with risk to reward of 9.56.

The stock had almost reached it targets before the 3 PM deadline, and we had exited with a booked profit of 1.60% overall on the capital.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.