Falling wedge divergence breakout trade
The stock gave a breakout from the falling wedge which was in formation for the past couple of weeks. Now the CMP is around 650 and we can enter above 650 based on further price action or around 645 when it pullbacks.
Enter - around 645-650 zone
SL - 635
T1 - 660
T2 - 665
T3 - 670
For study purpose
Thanks.
Enter - around 645-650 zone
SL - 635
T1 - 660
T2 - 665
T3 - 670
For study purpose
Thanks.
Trade active
Entered @ 654.2Note
Target 1 done @ 659Trade closed manually
660 zone was facing strong resistance. Hence closed my position @ 660
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.