Breaking of bottom between 2 tops with good volume is difference.
Indusind has broken 1640 (your call also has this level as target making risk to reward not very favorable)
nifty did not break 9680
Good to have different views. lets see how this one turns out...
UnknownUnicorn381249
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@yndesai, i have given at 1602 at sl 1590 stoploss of 10rs and target of 1640. 1:4 is good for me. If you are operating on better margins I am all ears.
yndesai
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@afteroneday,
10 on 1602 is too thin to outperform brokerages.
who is your broker?
UnknownUnicorn381249
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@yndesai, zerodha and again stoploss is nothing to do with outperforming. when your trade hits stoploss your brokerage, stt .........adds up to the losses and vice versa
yndesai
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@afteroneday,
Cool your target achieved . . . !
Now, Check a bearish scene here.
Entry 1640 target 1510 Stop 1700