ACC - Intraday Trade || 5th June, 2023 #stocks

Updated
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 5th June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups

Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it

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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED

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Trade closed manually
Traded for Intraday Today (5th June, 2023)

ACC (5min TF)

Entered LONG at 10:20am
✓ SL was hit
Exited LONG at 12:45pm

✓ Market opened higher, but pulled back and took support
✓ Waited for a higher low formation and double bottom formation to enter
✓ Market went into consolidation mode for 2 hours
✓ Target was a 1:4

#stocks #intraday #priceaction #followthetrend #intradaytargethit
Chart PatternsTechnical IndicatorsTrend Analysis

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