Retest of resistance line

Nov 8, 2021

This stock gave a breakdown on 28 Oct 2021 but with lower volume. As a result it tried to go upside but got corrected every time after touching the line that was previously the support line which now became the resistance line. As a result it has more downside. Stop loss will be updated over here shortly. Minimum target of 19700. If it goes below that the target would be around 19500.ABBOTINDIA

Nov 10, 2021

Note

It is moving downside but the downward momentum isn't looking good enough. Position is in profit but hold carefully.

Nov 11, 2021

Trade closed manually

Nov 11, 2021

Note

Closed the trade because it's in profit and also the downward momentum isn't good enough. Small profit is better than hitting stop loss.......

Nov 12, 2021

Note

It may further go down but again the momentum isn't good.