Trading_hawk

Simple Trade Setup | AARTIIND | 14-09-2021

NSE:AARTIIND   AARTI IND LTD
NSE:AARTIIND

Observations:

1)On 1hr Time Frame: It has given a breakout of Triangle pattern but it has a followup red candle. Only good thing about it is that the followup red candle already took support from the triangle resistance line.

Please refer below chart : 1hr time frame.

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Trade Setup for Date 14-09-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

Please refer below chart for levels.

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.