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  • MACD

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    javed Patel
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    The document discusses a trade of State Bank of India (SBIN) stock. It notes that at 11:35am on June 21, 2021, the MACD indicator signaled a long position as the blue line crossed above the red line. The author then took a long position in SBIN at Rs 406 with a 2% profit target and 1% stop loss. They closed the position at 2:40pm by selling at Rs 419, realizing a profit of Rs 13 or around 3%. While the target was 2%, the author held the position as the trend remained positive and gained additional profit.

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    The document discusses a trade of State Bank of India (SBIN) stock. It notes that at 11:35am on June 21, 2021, the MACD indicator signaled a long position as the blue line crossed above the red line. The author then took a long position in SBIN at Rs 406 with a 2% profit target and 1% stop loss. They closed the position at 2:40pm by selling at Rs 419, realizing a profit of Rs 13 or around 3%. While the target was 2%, the author held the position as the trend remained positive and gained additional profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views1 page

    MACD

    Uploaded by

    javed Patel
    The document discusses a trade of State Bank of India (SBIN) stock. It notes that at 11:35am on June 21, 2021, the MACD indicator signaled a long position as the blue line crossed above the red line. The author then took a long position in SBIN at Rs 406 with a 2% profit target and 1% stop loss. They closed the position at 2:40pm by selling at Rs 419, realizing a profit of Rs 13 or around 3%. While the target was 2%, the author held the position as the trend remained positive and gained additional profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    JAVED PATEL

    MET MUMBAI

    MACD
    SBIN (State Bank of India): (21 Jun 2021)
    Here at 11:35 the blue line crossed the red line from below, in
    MACD which is the indication of Long.
    So, we long the SBIN at 11:35 with the price of Rs 406 with the
    target of 2% and with a stop loss of 1%.
    We closed the trade at 14:40 by selling at Rs 419.
    In this trade we have received profit of 13 Rs which is approx.
    3%.
    In this trade our target was 2 percent but we didn’t close the
    trade at 2 percent we have waited for more profits because trend
    was in positive side for SBIN.

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