Positional trade - Go Long on AMARAJABAT

Positional trade

1. AMARAJABAT is taking support on Dynamic and horizontal trend lines .
2. Formation of Bullish piercing candlestick pattern on Sep 1

Buy at top of the 1 hour candle that closes above high of Sep 1 daily candle.


Target 1 - 750
Target 2 - 785

SL - 714

Trade active: Trade activated at 743.
CMP 747.50

Trade closed: target reached: Target 1 reached. Safe traders exit. Remaining traders TSL and trade for target 2.