Short

Channel pattern broken and consolidation with a triangle pattern

Updated

Stock has been broken recent support and started trade below that support.
As triangle pattern expected to break down.
Trade below 220 TGT 200 SL 230
Only enter with my update

Trade active

Trade is active took around spot Rs.200 and fut Rs.222 and profit of 5% yesterday it self

Note

Considering market volatility 1.5% of trial SL to be on safer side.

Note

Trail SL for future at 210.
26-May 11:35

Trade closed: target reached

Trial SL has been hit at 12:45 26/May with profit of 5.5%. Good ROI.

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