BSE has formed Ascending triangle pattern in daily timeframe and has given breakout and retest is done and also in weekly timeframe chart has gained momentum and strength where RSI passing 50 level. Look to buy stock with stoploss of 522 on closing basis and for targets around 622 & 650
PS - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ON YOUR OWN RISK AND BY CONSULTING YOUR ADVISOR ONLY
PS - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ON YOUR OWN RISK AND BY CONSULTING YOUR ADVISOR ONLY
Trade closed: target reached:
First Target reached one can book partial profit and move Stoploss to cost or above cost
Comment:
Both Targets Achieved, one can hold if want from my view point one can out 650 as closing stoploss and hold the trade
Comment:
One can close the trade if still holding at 750 or 710 on closing basis which ever comes earlier