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Ethical_Bear
Apr 2, 2024 5:13 AM

breakout on reversal Long

COLGATE-PALM (IND)NSE

Description

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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