Ethical_Bear

breakout on reversal

Long
Ethical_Bear Updated   
NSE:COLPAL   COLGATE-PALM (IND)
day high target on COLPAL after rejection on support along with matching low candle.. testing only

views are personal and not advise. DYOR
Trade active
Comment:
Booked 50%, RR 1:1, trailing rest for RR 1:2
Comment:
sideways movement since 10:45am, box pattern breaking out on smaller tf, waiting for reversal target apprx 14 pts

not a recommendation, DYOR
Trade closed manually:
closed manually at 2794, attaining RR 1:2, with 23 pts in total and SL of 11 pts / profit booked.

Reason - multiple rejections at the same level of resistance
Trade closed: target reached:
2806 target hit

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