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Muhammed_Nihal
Dec 17, 2020 2:25 PM

#BALKRISIND-BEARISH PENNANT Short

BALKRISHNA INDSNSE

Description

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;
  • 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% MOVEMENT

Trade closed: target reached

2nd TARGET ACHIEVED
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