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iamPotato
Dec 22, 2020 3:24 PM

BRIGADE - Swing Trade (BUY Side) Long

BRIGADE ENTERPRISENSE

Description

NSE:BRIGADE

Buy at 230-234 range for an excellent entry.

SL - Exit if stock close below 228, since it will definetely test the low's of the rejection candle.

Reason for the trade: Rejection + Failed New Low(Previous day)

Exit when: A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low.

Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Comments
Rakesh_Raundal
what is the target on upper side?
iamPotato
@Rakesh_Raundal, Hello - Since it is swing trade and you can exit half at 255 and keep trailing SL for other half :)

Important thing to do is to pay yourself along the way!
Rakesh_Raundal
@iamPotato, Thank you.. planning same :) Cheers.!!
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