Symmetric Triangle and as price on Demand Zone - ICICI Bank
Updated
Symmetric Triangle and as price on Demand Zone - ICICI Bank.
Trade:
Long Entry - 296 above and Targets - 301.50 / 306.50 & SL - 290
Short Entry - 287.50 below and Targets - 281.50 / 275.50 & SL - 293.50
Note - Price is lying on Demand Zone. So, I am personally suggest to not go Short side until the demand zone get broken completely.
Trade:
Long Entry - 296 above and Targets - 301.50 / 306.50 & SL - 290
Short Entry - 287.50 below and Targets - 281.50 / 275.50 & SL - 293.50
Note - Price is lying on Demand Zone. So, I am personally suggest to not go Short side until the demand zone get broken completely.
Note
Seems like triangle breakout but price still lying on Demand Zone so trade not active... keep watch him.Note
Price got bounce from demand zone...Trade active
Trade active
Target - 281.50 achieved and made low of 278.60Trade active
Trade closed: target reached
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