This scrip is in the Middle of No ware , I see so many patterns and identify them before they act , in my view this is exactly in the middle of structure
there are two possibilities 01) it can move out of the structure and make an impulse pattern 02) or it can further move in side way and make one last drop before making an turn around
which one will happen i have no idea , but i have prepared to trade the next move Look for proper set up , Preferably long set up , selling at this stage would mean bad trade
Comment
⋅
It did not move out form flag pattern , it will high likely will drop further and make an small base before moving up sharply one can wait for this move down and base formation
Look only for buying opportunity ,
Comment
⋅
start booking profits by trailing stop
Trade closed: target reached
⋅
well it made 261 as high i accept its done for now , I am not looking further move up as the move form my entry was very weak so We have booked yesterd and closed the trade from 210 to 255 Made 45 points