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.
Comment:
Seems like triangle breakout but price still lying on Demand Zone so trade not active... keep watch him.
Comment:
Price got bounce from demand zone...
Trade active
Trade active:
Target - 281.50 achieved and made low of 278.60
Trade active
Trade closed: target reached