Trade of Marico
Hello guys welcome again this is shubham tamrakar
as you know that our union budget is coming on because of this budget the part of volatility is very high and if you see the nifty every day it is either gap up open or gaps down, this makes very confusion I wanna show you recently 3 days chart of the nifty, and in this chart, you will find it is something rangebound
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this is the 3(27-28-29 Jan) days chart of the nifty and the lever of 12160 is very crucial resistance,
so as today blog headling is the trade of Marico as you can see the chart of nifty at the top 12260 level I was bullish in the market
and in this bullishness, I initiated a trade-in Marico at 23 January when I was full bullish
but last 3 days nifty make lower lows and my trade was totally reversed
but the good news is that I had not to get the stop-loss
this is the forecasted chart of Marico I had forecasted it on 22 January and after market and i initiate the trade at 23 January
and finally, I get the target before the expiry of contract (there is expiry tomorrow)
you just see how many points I was away from my stop-loss this is m historical trade I never forget this trade because I was only a few points away from my target but I wait to get the full target but it totally reversed
comment something about your historical trade and how many time this had happened with you
stay tuned,
Happy trading
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