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[Positional] GSFC Budget Bet
We had a sell - ![[Positional] GSFC Cup and Handle Weakness](https://s3.tradingview.com/j/j4uNhFOI_mid.png)
We had a contra buy with SAR (Read the comments)![[Positional] GSFC Cup and Handle Neckline Reversal](https://s3.tradingview.com/b/B0Okk8lK_mid.png)
SAR's TP is hit.
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Now it is an election bet. Today it has results. So one can put TP @ 5% from here. If it falls on pre budget fall; it will also come up in budget as it is a beneficiary stock of many schemes to be discussed in the budget
Because of cyclicity, I am not keeping stop loss. You use your risk management.
We had a contra buy with SAR (Read the comments)
SAR's TP is hit.
=========
Now it is an election bet. Today it has results. So one can put TP @ 5% from here. If it falls on pre budget fall; it will also come up in budget as it is a beneficiary stock of many schemes to be discussed in the budget
Because of cyclicity, I am not keeping stop loss. You use your risk management.
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Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
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