Stock has been consolidating since very long and its on the verge of breakout from triangle pattern. Since volume has been try since very long hence confirm the volume at the time of breakout to identify if it is a false breakout or not.
Entry -: 675 on closing daily closing basis
Target -: 990
SL -: on closing daily closing basis
RRR -: 1:4
Use trailing SL after 1:2 RRR
Entry -: 675 on closing daily closing basis
Target -: 990
SL -: on closing daily closing basis
RRR -: 1:4
Use trailing SL after 1:2 RRR
Note
Entered in TradeT1: 769
T2: 913
T3: 990
T4: 1044
Trade active
T1 achievedTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.