Simple Trade Setup | DIVISLAB| 20-08-2021

Trading_hawk Updated   

1) On Daily Time Frame, it just closed above 21DMA which is also a good support at 4900.

Please refer Chart below: Daily time frame.

2) On 15 min time frame, it is now in critical Zone.

Please refer Chart below: 15min time frame.
Trade Setup for Date 20-08-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Trade closed: target reached:
Ultimate target reached on short side


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