Hindustan Unilever Sell + Colpal Buy = Pair Trade

Hinduniliver broke down of triangle pattern with decent volumes on 30 min TF


+


Buy Colpal against selling Hindunilver with mentioned target & stoploss of HUL.




Colpal stoploss 1568 target 1610

Trade active:

hul down 25 points & colpal down 10 points = 15 points profit.

hold till its in profit.

exit @ break even.

Trade closed: target reached:

colpal 1570 - 1585 = -15

hul 2645 - 2575 = +70

70-15 = +55 points profit