Divergent_trader

RESISTANCE BROKEN IN SHARDAMOTR

Long
Divergent_trader Updated   
NSE:SHARDAMOTR   SHARDA MOTOR INDUS
Disclaimer: Always take trades based on your own risk appetites. And always enter SL first.

Points to note:
1. An important zone of 800-810 tested repeatedly, getting rejected every time
2. Level finally been broken with the help of strong volume upsurge.
3. A good rounded base formation

A Long trade can be initiated as follows:
Entry above 839
SL 763.1
Targets 948.9

Thank you.
Trade closed: stop reached

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