HCLTECH: Parabolic SAR as Reversal.

Updated
Stock Pick for Swing Trade with Parabolic SAR

Long if Hit @ 978 - 979 Level
rest Trade Set UP as Quires.
Note
Made High @ 984.25 as well as closing @982.95, Both are Above Previous day's High @ 978.
Thus SAR Crossing Below Price.
Now @ 943.
So as per logic Trailing SL Should be Below @ 943.
Note
Snapshot to show Current SAR (crossing below Price"
snapshot
Note
gained Rs. 72.50 (7.78%) in 9 trading day.
Can I say PSAR Works?

snapshot
Technical Indicators

Also on:

Related publications

Disclaimer