rudraprasad389

Short on IRCTC trade-Time frame Mar2023

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rudraprasad389 Atualizado   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
CMP 640, Target 500, Time frame march 2023. Expecting the IRCTC to trade at the levels of 500 by march 2023. Based on the continuous downtrend for the last 3 consecutive months , and expecting to touch the lower end of the Bollinger band. Expecting the target to hit within next 1month . One can trade sell futures at CMP or buy put options in HAL with the target given . The view is mine . It’s not a buy : sell recommendation.
Trade ativo:
20 points down from the CMP.hold for bigger profit
Trade ativo:
40 points down . One can still hold for bigger gains.
Trade fechado manualmente:
CMP on expiry day at 560 ,80 Points down from the recommended levels, 875 per lot size =875*80=70,000 booked profit per lot.

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