PEL - Bearish Gartley

6 окт. 2020 г.

Barish Gartley observed in PEL. Also levels near daily resistance zone.
Wait for a strong terminal candle before entering.
I'll be entering (if there is confirmation candle) with a combination of put options as IV is high.

Views only for educational purposes. Do your risk assessment before entering financial positions.

7 окт. 2020 г.

Сделка активна

We are long on 1340 PE and short on 1300 PE (to avoid time decay).

7 окт. 2020 г.

Сделка активна

Started profiting around 20% of risk exposure. Partial exit at this point is advised.

9 окт. 2020 г.

Сделка активна

Look at today's volumes... Stock already down by 40Rs. from our buy point, and now volumes confirming. Positions can be added on pullbacks.

13 окт. 2020 г.

Сделка закрыта: достигнута тейк-профит цена

From 1337 to 1277, my target is reached.