Triangle formation
Updated
Krsnaa Diagnostics -
Price formed a triangle.
Current candles have wicks high from top, suggesting selling.
Price can move upwards if selling is absorbed.
Price can move downwards if sellers dominate.
675 SL for immediate target of 735 - 760 after.
Keep in mind that results are not great. This is always depend on Govt. rules.
I am already an investor in Krsnaa Diagnostics from 360/-. I am not trading in this stock.
Price formed a triangle.
Current candles have wicks high from top, suggesting selling.
Price can move upwards if selling is absorbed.
Price can move downwards if sellers dominate.
675 SL for immediate target of 735 - 760 after.
Keep in mind that results are not great. This is always depend on Govt. rules.
I am already an investor in Krsnaa Diagnostics from 360/-. I am not trading in this stock.
Trade closed: stop reached
SL Hit on 22 Feb.I am already an investor in Krsnaa Diagnostics from 360/-. So I did not trade now.
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