IDFCFIRSTB Looking Bearish

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ANALYSIS : Head and Shoulder Pattern + RSI Resistance at levels near 40

ENTRY : Below 53.75
EXIT : 1D candle closing above SL
TARGET : 45.1
STOP LOSS : 55.05
TIMEFRAME: 1-3 months
R2R RATIO : 5.63

Trade Execution :
  • Sell IDFCFIRSTB1! ~ 2.4 Lakhs
  • Buy Options - July 45 PE ~ 2K, Aug 45 PE ~ 5K
交易结束:到达目标
Finally after almost 1 month
Chart Patternshead_and_shoulderTechnical IndicatorsRelative Strength Index (RSI)Trend Analysis

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