#BALKRISIND-BEARISH PENNANT
Updated
BALKRISIND IS FORMING A BEARISH PENNANT CHART PATTERN AND A NARROW RANGE 7 STOCK.THERE IS A HIGH PROBABILITY FOR A BREAKOUT.
GREEN LINES ARE TARGETS,RED NORMAL LINES ARE DAILY S&R AND DOTTED RED LINES ARE SHORT TERM S&R
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE;
FOLLOW FOR MORE TRADE IDEAS AND INFORMATION
GREEN LINES ARE TARGETS,RED NORMAL LINES ARE DAILY S&R AND DOTTED RED LINES ARE SHORT TERM S&R
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE;
- WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
- SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
- FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
- ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT
- DONT TRADE AGAINST TREND AND INDICES
FOLLOW FOR MORE TRADE IDEAS AND INFORMATION
Trade active
Trade closed manually
CAUGHT A 1.5% MOVEMENTTrade closed: target reached
2nd TARGET ACHIEVED
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