COLPAL AND THE FMCG INDEX BOTH ARE BULLISH
- COLPAL will be posting its earnings tomorrow.
- Pre and post-earnings a trade setup will be risky.
- However, a swing long can be added with a wide SL of 3-4%
- In this bearish market focus on swinging only outperformers or stocks with a strong catalyst.
- Trade setup - Enter partially at CMP and execute 70% in the retracement you see.
- Don't risk much than 3-4% and do not oversize remember we can only control our risk and not the upside or downside for that you need to submit that to the market.
#nifty #banknifty #stocks
- COLPAL will be posting its earnings tomorrow.
- Pre and post-earnings a trade setup will be risky.
- However, a swing long can be added with a wide SL of 3-4%
- In this bearish market focus on swinging only outperformers or stocks with a strong catalyst.
- Trade setup - Enter partially at CMP and execute 70% in the retracement you see.
- Don't risk much than 3-4% and do not oversize remember we can only control our risk and not the upside or downside for that you need to submit that to the market.
#nifty #banknifty #stocks