Equity_OptionTrader

Will it Break Out or Break Down?

NSE:GODREJPROP   GODREJ PROPERTIES
Will it Break Out or Break Down?
Both the possibilities are equally possible and in any case it is well poised for a good movement on either side. I am on long side if market supports but I'd not shy to take a short trade if break down happens. Tomorrow/Monday we may see some action.
Trade active:
Broken Out. High of 1989.90. More action above 2010.
Trade active:
High of 2012 and heavy profit booking started. Need to close above this level for higher targets.
Trade closed manually:
Trailing SL hit at 2000.

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