stockkar

watch for resistance breakout

Long
NSE:HOMEFIRST   HOME FIRST FIN CO IND LTD
buy above 580 in intraday and swing

For swing keep stoploss below 540 and target 597, 640, 695

for Intraday-


For stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.

Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis

NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.




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