INOXLEISUR -- INTRADAY SETUP --18/02/2022

INOXLEISURE intraday pick as on 18/02/2022

1> BULLISH W pattern formation on Hourly chart
2> Resistance breakout
3 > Rounded bottom form which is bullish indication.
4.> RSI close above 60 on hourly basis

BUY INOXLEISUR above 416

TARGET 422-425-428 ( intraday )

STOP LOSS 410

** BUY only above 416 ..GAP DOWN MORE THEN 100 points trade will not initiated .!

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !!

HAPPY TRADING. !!

Comment:

Nifty open gap down.. ! NO TRADE INITIATED .
trade .manually closed. !