ICICIPRULI - 1280324
ICICI PRUDENTIAL LIFE INSURANCE (All Levels To Work On) Detailed Analysis !!

When to BUY ?

Buy at 449 and above

What is the STOP LOSS ?

Stop Loss at 421 and below

What are the TARGETS ?

Target A is 474 (Exit 50 percent of your invested capital)

Target B is 500 (Exit 30 percent of your invested capital)

Target C is 526 and above (Exit 20 percent of your invested capital)

How To Trade This (Positional Sizing and Risk Management)

Buy at mentioned level (449 and above) the price has to sustain around and above this price in order to enter. Mere breakout will not be considered as Buy signal. Once bought put your GTD orders at each mentioned targets above. Target A and B shall be unchanged. However Target C needs to be modified as stock moves with trailing stop loss. Trailing stop losses post Target 2 will be updated on consistent basis. This is well used strategy for cash segment with high winning percentage and better risk to reward ratio.

Please note that this trade is strictly Cash Segment only with a holding period of few days to weeks (if required may extend into months). I believe in consistent and safe money with position sizing and risk management as mentioned above . All trades which i will mention here will have consistent follow ups with respect to any changes observed.

This set up will be ignored if stop loss level is hit before our buy trigger.

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