Trade plan
Entry - 1930 SL - 1884 T1 - 1954 T2 - 1989 T3 - 2036
Trade Category positional
Account Size - 200000 INR Max affordable risk per trade 2% = 4000 INR
Risk = 1930-1884= 46 points
Position size = 4000/46 = 87 (After slippage and commissions 80)
Investment = 160*294=47040
T1 Profit = 24*80 = 1920 (Risk:Reward = 1:0.48)
T2 Profit = 59*80 = 4720 (Risk:Reward = 1:1.18)
T3 Profit = 106*80 = 8480 (Risk:Reward = 1:2.12)