akshit_official

Long Trade in ITC

Long
akshit_official Mis à jour   
NSE:ITC   ITC LTD
ITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days.

I am seeing a trading opportunity here.

I am taking long position in ITC march futures at CMP 407.

I will add more position if 402-404 comes.

My stoploss would be 397.

Target would be 425.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purpose. Thanks!
Transaction en cours:
added more at 402.

Holding long position with 398 SL.
Transaction en cours:
CMP 415

3.10 % in profit.

Long position open & holding with 405 stoploss.
Transaction en cours:
CMP 411

Trading in a small range.
Transaction en cours:
CMP 408

Trading sideways but didn't hit neither SL nor target.

Expecting to hit target soon.
Transaction en cours:
adding huge position in ITC 420 CE

CMP 4.10

Expecting it to get 2x-3x by next week.
will exit if ITC goes below 400.
Transaction en cours:
ITC 420 CE
CMP 8.50
From 4.10 to 8.50
2x move done. booking CE here :)


Future is just 5 rupees away from target.
Trade fermée: cible de profit atteinte
Trade fermée: cible de profit atteinte:
ITC 420 CE
CMP 20

from 4.10 to 20

although I booked at 2x only, It's now 5x from my buy level. This is what I was expecting. :)
Future at 439.
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