Is BEAR TRAP? Possible Reversal with BreakOUT

All Plotted on Chart.
Analysis Based on FIBONACCI.
Indicators & Oscillators Looks Good.
Tests Double BOTTOM (CanSay Triple also), Support Zone .

Go LONG: @ 250.65 (LTP at 12.00pm)
More Accumulation Zone: @ 245 to @ 247.50
TARGET: @ 252.45, @ 254.20, @ 256.35 + More on Chart

Strong Reversal Zone: @ 246.50 to @ 245.00
SL: BELLOW "Strong Reversal Zone" (BY CLOSING) or TSL(-1% of By Cllosing SL)

Strategy for Trading in DERIVATIVE Segment (FnO): ON QUERY.

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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

Thanks for the response
Nice setup,what is the fno strategy?
DSKF16 manitoganesh
@manitoganesh, LONG Fut @ 250.55 (LTP) + LONG 250PE @ 3.30. Risk @ 3.85, profit Unnlimited. BreakEVEN @ 254.40 (EXP. Basis)
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