I'm planning a trade on SAIL for Monday, 4th March 2024 , targeting the 28th March 150 CE option at around Rs.3.3 (8000 Lots). Planning to hold for a week, aiming to exit by Friday, 8th March, regardless of market conditions. My stop loss (SL) is set at a loss of -16,312, while my target profit (TP) is +32,659.
This gives me a risk-to-reward ratio of...