nvihang

GSPL - Reversal Trade

Long
NSE:GSPL   GUJARAT STATE PETR
GSPL - NSE: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.