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GaurangJoshi
Sep 12, 2019 8:44 AM

Range for CADILAHC 

Description

Stiff resistance at 243 can be seen. A very less probability of breaking resistance in September series.

Range is defined within chart.

Breakout trader can wait for price to close above 243 or 236 on a 30 min or 1 hour candle.

Range traders can short at CMP for target of 236 or below.

And if does not break 236 can long for 240-243.

Do your analysis before taking a trading decision. This is an educational idea only.

Comment

Still in range. Advice not to take any trades unless any key level is broken. Levels are very important.

Comment

Range traders can make profits on short term moves within range.

Comment

Touched high of 248 and now back in range.
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