NeeteshJain
Long

CESC - Strong Consolidated Breakout

CESC (NSE:CESC)  
NSE:CESC   CESC
It has been observed that the price action consolidating after reaching to new highs and now it is breaking above it indicating a further move up to new highs.

T1- 1050
T2- 1080
SL- 1015
Trade active
Comment: Getting Momentum
Trade closed: target reached: T1 reached successfully. Thanks
Hey target has not reached after your post , check the play , it has not made that level , it went other direction , when you had posted chart it was already completed the high and higher price was rejected ,
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@kimara, It did achieve the T1 after the post and came down sharply at the end of the session. It is still ranging in a consolidation triangle pattern and once it breaks above it again then it shall become a buy again. As we know markets are uncertain, therefore we need to play well with risk management to achieve better results. Thanks
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kimara NeeteshJain
@NeeteshJain, No it did before the posting , You can check the reply system newly provided by Trading view , any way i think you have to learn Elliott wave to see the Next correction it was showing ,
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@kimara, Appreciate your suggestion, Thanks.
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Since gaps are getting filled is there any revised SL?
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:-) :-) looks like the chart crossed 1050 as per your instructions and settled down at 1033 after trade was closed !!! Superb !!!
+1 Reply
NeeteshJain ShanTrader
@ShanTrader, hahaha not really, it had resistance at that level and now after correcting it shall break above that resistance to reach next target levels. Thanks
Reply
Hello Sir
i am new in stock market. for last 2-3 months i am watching market & patterns & Doing paper trading but as i think i found trade and i activate it (in paper)
i lose

but you posted many good trades . how do you do this

please reply me.
you answer will be very helpfull.
+2 Reply
@Azeem123, I believe it is practice of certain technicals that you understand well and trade as per it only. You're doing a right thing by initially doing paper trade but meanwhile write down your patterns or strategy that works well with your trading psychology. Thanks
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Superb trade
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