Long

IBREAL - Rise to resume

Updated
Stock in strong upmove.
Recently it has seen narrowing bollinger bands followed by another spike in price.
Today a block deal caused sharp retracement and it closed on 61.8% Fib Level at 191.50
If it managed to stay above the level one should go long at CMP with stop loss of today's low 174 with open targets.
Trade active
Note
7% up from entry price.
keep your stop loss in force and enjoy the upmove
Note
Not sustaining at lower levels.
Still a lot of power remaining
Trail SL at recent Swing low 195 and hold
Note
195 Still acting as a good support.
stock up 10% from entry level.
Aggressive traders may add positions upon pullback around 204-205
Stop loss remains same.
Note
Stock Hit 242 today.
Close your positions.
Trade closed manually

I Can

Disclaimer