GSPL -
GSPL
Small SL Trade - Early Entry at CMP with SL closing below 340. Momentum pickup above 357. (High chances of SL hit since entry on expectation of reversal)
Entry based on breakout - Above 357 with volume confirmation for 380 targets. SL remains same
Disclaimer - Chart posted only for learning purpose. Please do your own analysis before initiating any trade.
GSPL
Small SL Trade - Early Entry at CMP with SL closing below 340. Momentum pickup above 357. (High chances of SL hit since entry on expectation of reversal)
Entry based on breakout - Above 357 with volume confirmation for 380 targets. SL remains same
Disclaimer - Chart posted only for learning purpose. Please do your own analysis before initiating any trade.
Trade closed: stop reached:
SL hit in this trade for early entry traders. Thats why already mentioned high chances of SL hit since entering before breakout.