Nirbhay_M

Entering support zones

Long
NSE:EDELWEISS   EDELWEISS FIN SERV
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Has reached support zones of 275-280 and formed a side ways channel. Can move towards upper end of the band again. Looking for targets of 300-305
Trade active: Getting there. Looking to close position at 300
Trade closed: target reached: Target of 300 reached
Trade active: Re-initiating for medium term trade. Negative divergence seen on daily charts. Break out coming soon? High probability of an affirmative answer
Trade active: Price has reached lower end of band. Long positions can be initiated by new traders
Trade active: Back on track