Description
⋅ Symmetric Triangle pattern formation on IndusInd Bank on EOD but MACD is bearish on bullish trend. So, MACD trend is not having strength.
Trade Long:
Buy above - 1502.50
Target 1 - 1520.50
Target 2 - 1536.50
Stop Loss - 1483.50
Trade Short:
Sell below - 1469.50
Target 1 - 1454.50
Target 2 - 1438.50
Stop Loss - 1483.50
Trade active
⋅ Broken on Long side....
Trade active on long - buy above 1502.50
Trade active
⋅ Made high of 1516 and 4.5 points left for target 1 - 1520.50
Trade active
⋅ Target 1 - 1520.50 achieved, Please do the trailing stoploss between 1505 to 1510.
Trade closed manually
⋅ Trailing Stop loss - 1510 hit.