SYMBOL : ICICI PRU LIFE
Currently trading at long term support zone of 500-510.
A descending triangle pattern in making.
Breakout of this pattern will lead to 545-562 & 580.
Long position can be taken at CMP 514-515 with SL of 500.
Currently trading at long term support zone of 500-510.
A descending triangle pattern in making.
Breakout of this pattern will lead to 545-562 & 580.
Long position can be taken at CMP 514-515 with SL of 500.
Trade closed manually:
Results came unexpected. I didn't aware of the fact that results were coming yesterday.
If you're a f&o trader, 500 SL has been hit and trade is closed however If you're holding in cash and your view is long term then you must hold it as it is a good company and it will recover back soon.
If you're a f&o trader, 500 SL has been hit and trade is closed however If you're holding in cash and your view is long term then you must hold it as it is a good company and it will recover back soon.
Trade closed manually:
CMP 532
Those who got trapped because of results news flow & gap down must have got good exit in profits today.
Analysis was on point but nobody can control news flow. :)
Those who got trapped because of results news flow & gap down must have got good exit in profits today.
Analysis was on point but nobody can control news flow. :)