opened with a gap-up
today and was facing resistance in the 36700-36750 zone. We bought 36800 PE at 270 with the SL of 230, we added more qty at 230 and revised SL to 200 due to choppy movement in the morning, 36800 PE went to 375 in the afternoon and Traders booked profit in this trade. We also bought 37000 PE at 350 which went to around 520 and we booked great profit in this trade.
is forming a Triangle pattern
, we can expect a trending move of 100-200 points once BN
breaks the pattern on either side.
Expectations for Tomorrow: Rangebound day.
Buy Above 36700
Sell Below 36530
To motivate me, Please like the idea If you agree with the analysis.
InvestPro India Team