BDL Investment strategy at top level with Back Test
How you Invest your 1 Lakh in BDL
1. BACK TEST
Started from 20th April 2022.
1st Entry 810 x 20
2nd Entry 710 x 20 ( buy equal quantity)
3rd Entry 610 x 80 ( buy double quantity)
Now our total investment was : 79000Rs
If more downside then invest remaining amount from 1 Lakh.
Now our average was : 660Rs
Now set your target duration from your 1st entry time.
1. 6 months .. 10 percent
2. 9 months .. 15 percent
3. 12 months ...20 percent
Now check below results:
Profit booked on 23rd May 2022 ( 1 month )
sold at Rs 800 ( almost 20 percent profit)
If we hold for 1 year then on 20th April 2023
sell at Rs 1000( almost 50 percent profit)
2. CURRENT LEVEL ENTRY
1st Entry at 1116Rs 30/06/2023 ( You can enter at lower price also)
2nd Entry 992Rs
( Buy same quantity at this price)
3rd Entry for double at 868Rs
(Buy double quantity at this level)
Now your average will be 930Rs
And now set your target according to your 1st Entry
1st Target 1023 (10 percent)
2nd Target 1070 (15 percent)
3rd Target 1116 (20 percent)
We can hold for 1 year also .. During this period for each correction we will have all our 3 entry possible and then when again nifty will at new high then we will have big profit)
Note: If you get 10 percent profit in short period then you should book profit and close this strategy .
We will see next 3,6,9 and 12 months results.
Be invested and be happy !!!