mindzap

MAYURNIQ fails to breakdown and moves higher

Long
mindzap Pro+ Updated   
NSE:MAYURUNIQ   MAYUR UNIQUOTERS L
Market failed to break down and auctioned higher. Bounce from 440 area shows keen interest from higher time frames to auction the price higher. Buy area is shown as a green rectangle box. The initial stop is at previous low 487. Looking to book half position around 558 - 568 level and hold the rest with trailing stop loss.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.