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Chinna_G
Jun 7, 2020 8:00 PM

NIITTECH BUY ABOVE 1470 ON CLOSING BASIS Long

Description

NIITTECH
Buy Above 1470 on Closing Basis
SL 1430
Target: 1490, 1510, 1525, 1540, 1555, 1575,
1595, 1620

Sell Below 1430
SL 1460
Target: 1400, 1364, 1330, 1310, 1292
break and Sustain below 1360 then 1330, 1310, 1292. 1282 possible
Need to watch range 1310-1290

Posting for Educational purpose only
Closing Basis means stock need to trade above 1470 between 3:25 ~ 3.30 PM

Comment

Buy side trade not initiated unable maintain daily close above 1470
Sell side second target 1364 reached
if sustain below 1360 then next targets will be achieved

Comment

Stock achieved our targets 1310 on downside; Low made 1302
Stock bounce from watch levels 1310-1290.
Watch this level for up and down movements

Comment

Five targets achieved 1555; Made high 1562

Comment

Final Target (8th target) 1620 almost achieved; Today's high is 1617

Trade closed: target reached

Final target 1620 achieved; Latest high is 1647
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