It was a good day as traded in Wipro and TCS and both moved well.
WIPRO: I traded this through my scalping technique which has a small SL and small target and could manage to do 2 scalps successfully in the first 10 minutes of the market open. These are high risk setups and it was more so here as the lot size is big in Wipro. I would not recommend this kind of trading for new comers. However, there was also an entry in the regular setup that I trade that came a little later and that too moved well. I didnt participate in that trade.
TCS: Was on radar due to the high pre open and managed a trade in spot that yielded 22 points on 50% of the position and then took the TSL at 10 points profit.
There was another picture perfect trade in HUL but unfortunately couldnt participate as I was already in a trade in a separate counter and avoided 2 simultaneous trades due to the SC hearing in the moratorium case.
I shared the TCS trade on twitter and sincerely hope someone took advantage.
Wipro
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