STtraderr

Mcdowell-N near decisive level of 648

Long
NSE:MCDOWELL_N   UNITED SPIRITS
After taking support at 615-616
mcdowell-N is near resistance of 648
if it breaks with good volume , then
next level will be 664-666
But if it keeps trading below 645 then
it will again drag it to 616 level
SL in both cases will be 5-7 points
Trade active: Bought at 648.20 after confirmamtion of first 2 mins trade
booked half qty at 654.50 and make trade risk free
Trade closed manually: As i need cash so closed remaining position
cost to cost at 648
Half booked at 654.50
bought at 648
Comment: I got early but it was superb trade
just hit low of 643, SL of 5-7 points from buy of 648, intact
and hit target of 666
Hit High 690

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