1) On Daily time frame, It has made a bullish candle and broke 21 DMA as well as 125 level with good volume. If it sustain above 125 level then this will start bullish move now.
Please refer below chart : Daily time frame.
2)On 15 Time Frame: It made bullish flag and pole pattern.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for Date 13-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
On breakout of 129 in Ashokley next level will be 132 and 135 ultimate
Trading_hawk
⋅
Hey @saurabhbakliwal1001,
I forgot to reply on you trend for your suggested stock.
For LT if you are holding it in equity better to hold it. If you want to take new position then you can add 50% from CMP and other 50% at DIP 1700/1690
Bergerpaint have critical support of 830 any dip above 830 will be good buying opportunity. Breakdown of 825 level with daily candle closed below 825 will make it bearish. But So far if it is maintaining above 830 level it is strong. Breakout of 845 level it will be good bullish.