The stock is currently at its peak and will start retracing now.
It should retrace till about 1530.
Thus two trades exist.
Short Trade
Sell @ 1660
Target - 1530
SL - 1705
Long Trade (Wait till retracement)
But @ 1530
SL - 1490
Target - 1820
It should retrace till about 1530.
Thus two trades exist.
Short Trade
Sell @ 1660
Target - 1530
SL - 1705
Long Trade (Wait till retracement)
But @ 1530
SL - 1490
Target - 1820
Trade closed: stop reached:
SL reached
Trade active:
Stock retracing