CIPLA Close to invalidation of idea .. good zone above!
Taking a punt at this just cause of that its had 26 hrs of accumulation i think above 636 support.
So SL just below that ...
the 21 day is acting as support and based on the killer bullish engulfing move a few weeks ago i feel 745 is coming quite fast.
Please check my earlier HTF graph for reference of levels to get in and out.
Anyways lets see what happens with this 641.40 average entry with SL as mentioned above .
Hoping for 669 710 745 and beyond ... though i most likely won't be holding for long.
Setting up nicely as a descending triangle on the 5 minute.
So SL just below that ...
the 21 day is acting as support and based on the killer bullish engulfing move a few weeks ago i feel 745 is coming quite fast.
Please check my earlier HTF graph for reference of levels to get in and out.
Anyways lets see what happens with this 641.40 average entry with SL as mentioned above .
Hoping for 669 710 745 and beyond ... though i most likely won't be holding for long.
Setting up nicely as a descending triangle on the 5 minute.
Trade active:
went well and we have lift off , should dip to maybe 655 and resume for our targets.