stockkar

Intraday Trade: watch for resistance breakout

Long
NSE:BEML   BEML LTD
buy on range breakout above 1375
keep sl below 1345

for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.


NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.





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