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shiv2798
Jul 31, 2017 3:49 PM

Possible day trade set up  Long

INDIAN BANKNSE

Description

I am looking this stock has made little positive slide towards upper level , and broke the descending TL , the price was basically travelling form TOP of Daily TL to Lower Daily TL , but jumped out form its root , now if this stock is going go up ward then it has to retrace till 310 and then bounce form it , it bounces then this is valid buy set up for considering short term long for day trade only , if price fails to bounce heads downward then consider it will make to 285
here the price can visit 310 and i am looking for reversal sign in order to go long with stop 306 for Target of 319
Lets see how it unfolds
this trade information is only a possible set up, it is not decisive or its not trade recommendation ,
Regards

Trade closed manually

Entered at 310.55 , trade closed at 312.10
Lot Size 2000 , Made small money 3100 in F & O
Not moving much
Regards
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