AU BANK
Looks very good on weekly charts.
Strong technically.
Gave breakout with good volume on weekly charts and nearly retested breakout level.
Inside channel also. Once channel is broken then BOOM BOOM.
Add till 1120 level.
Hold as per your patience.
###ALWAYS DO SELF ANALYSIS BEFORE TAKING ANY TRADE. PROFIT AND LOSS IS YOURS###
Looks very good on weekly charts.
Strong technically.
Gave breakout with good volume on weekly charts and nearly retested breakout level.
Inside channel also. Once channel is broken then BOOM BOOM.
Add till 1120 level.
Hold as per your patience.
###ALWAYS DO SELF ANALYSIS BEFORE TAKING ANY TRADE. PROFIT AND LOSS IS YOURS###
Comment:
Those who observed this chart on Daily and hourly TF would have easily traded for long position from channel bottom.
Trade closed manually:
Made some profit using hourly time frame.
But as results were below expectation it broke support.
But as results were below expectation it broke support.
Wait for a BREAKOUT or BREAKDOWN and trade accordingly.