After taking support ICICIBANK has broken the trendline in morning indicating bullishness. It made a high of 283.50. Since I was bullish about banknifty, I waited for the price action to move above 283.5.
At 11.35 price action crossed above 283.5. Entered trade at 283.5 with stoploss 281. I thought Europen markets will be in green. All were red. I hold my long. And ICICI gave movement after 3.00.
3.06PM at the price 284.7 I exit. Day trading is always a cake walk!
At 11.35 price action crossed above 283.5. Entered trade at 283.5 with stoploss 281. I thought Europen markets will be in green. All were red. I hold my long. And ICICI gave movement after 3.00.
3.06PM at the price 284.7 I exit. Day trading is always a cake walk!
Comment:
Breaking previous day's low, Chennaipetro took support at the long term trend line. I analysed it yesterday but missed it to trade.
Comment:
Yesterday's analysis helped today!
