Risky trade - Sell Asian Paints below 1887.2

19 באוג׳ 2020

Sell - Asian Paints below 1887.2
Target - 1860 (Bollinger band center line )
Risky trade based on Bollinger Bands retracement strategy

20 באוג׳ 2020

עסקה סגורה: היעד הושג

Exit as the stock made a low of 1865 at Bollinger band centre line .
It was a risky trade as stock was in a uptrend & we were trading against trend.