Have been analysing this stock for a while and found it breaking out of shorter EMA and showing signals of reversal. I am taking a long position for testing my hypothesis @ 743 with minimum capital as it is just testing. I would like to hold my position until a strong breakdown if market crash happens. My Idea is not a financial advise but just a simple analysis of price action to understand the behaviour of stocks at tike of reversal and correction.
Trade active:
LONG @ 743
Trade closed: stop reached:
715