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stockkar
Jun 24, 2021 6:21 PM

Kansainer: watch for range breakout Long

KANSAI NEROLAC PAINSE

Description

watch for range breakout can buy for both swing and Intraday my focus will remain
to finish trade in intraday itself.

For Swing Trade -
buy above 610 and stoploss keep Sl below 590
measured target is 670 but remember its only theoretical for capturing maximum move always trail and book partially.

For Intrday Trade -


For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.

Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis

NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.

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