Description
⋅ Positional trade
1. AMARAJABAT is taking support on Dynamic and horizontal trend lines.
2. Formation of Bullish piercing candlestick pattern on Sep 1
Buy at top of the 1 hour candle that closes above high of Sep 1 daily candle.
Target 1 - 750
Target 2 - 785
SL - 714
Trade active
⋅ Trade activated at 743.
CMP 747.50
Trade closed: target reached
⋅ Target 1 reached. Safe traders exit. Remaining traders TSL and trade for target 2.