Wavozen

8700 Cup and handle set up

Long
Wavozen Updated   
NSE:BASF   BASF INDIA
Reason for long
a) cup and handle set up
b) super vwap set up
a) Weekly Mr.14 set up
b) price and volume spurt at support
c) weekly breakout
d) super trend breakout

SL compulsory

Summary result of previous post
8200 to 8300 = 70% win rate ; still active 8% sl hit : 23%
8300 to 8400 = 56% win rate ; still active 19% sl hit : 22%
8400 to 8500 = 66% win rate ; still active 21% sl hit : 23%
8500 to 8600 = 66% win rate ; still active 28% sl hit : 16%
Comment:
T1=7% half qty and remaining qty of SL at entry level.
Trade closed: target reached

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