WATCHOUT FOR SYMMETRICAL TRIANGLE BREAKOUT
SYMMETRICAL PATTERN can be seen in INDIAMART in one hour TF.
Also a small consolidation can be seen respecting the channel.
the stock can be bought on breakout of 5000 for a shorterm period with SL of 4755 for a target of 5243 and further of 5700
one can also short the stock if it give a breakdown below 4600 with SL of 4777.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
Also a small consolidation can be seen respecting the channel.
the stock can be bought on breakout of 5000 for a shorterm period with SL of 4755 for a target of 5243 and further of 5700
one can also short the stock if it give a breakdown below 4600 with SL of 4777.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
Trade active:
short levels active in indiamart as it has given BD
Trade active:
more then 500 pts down .. after breakdown