Dojis and Spinning Tops are being formed.
If breakout happens;
H = 24290 - 22500 = 1790
Entry - 24215
SL - 23125
Target = 24215 + 1790 = 26005
It is a hurdle jump for bosch. 1)23580 , 2) 24000 3)24700 4)26000. Will nifty cheer up bosch to reach the destination?
Trade long in Bosch above 23600 for the up side target of 24700. Stop loss at 23000
Trade well...Its probably a traingle in play.
DAILY FINANCIAL WISDOM: "In trading you can fool yourself, but you can't fool your trading reserve of cash..."
Bosch is near to the end of the 4th wave..The 5th of the C has formed an ending diagonal pattern...Buy on signs of reversal for tgts near to 28000.