Please wait for the following price action before entering :- 1) Wait till the price takes support at the 100 DMA 2) Followed a strong rejection candle like the bullish umbrella 3) a strong close above the 100 DMA
Please wait till all the above mentioned price action is occured before taking up the trade. And keep a strict stoploss as NIFTY50 is weak.
This is not a recommendation. This is for educational purpose only. Consider all risks possible with stock market.
Thank you Have a nice day Happy Trading!!
Trade active
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The stock gave a breakdown instead of an upmove, Still was a pretty good trade
Trade closed: target reached
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Got 5% within just one candle. Thats almost impossible