Possible Long set up for Day trade
Updated
I am looking two possibility for day trading
01) Either they will brake current market to down ward and re-test( 152/155) the low before making new High to 162+
02) Or the Stock can Gap up and tag the Upper trend line or brake the TL and then starts down ward to retest the low , before making another move above 162+
in both case i am expecting the re-test to low before making impulsive move to further higher high
Lets see what happens
Regards
01) Either they will brake current market to down ward and re-test( 152/155) the low before making new High to 162+
02) Or the Stock can Gap up and tag the Upper trend line or brake the TL and then starts down ward to retest the low , before making another move above 162+
in both case i am expecting the re-test to low before making impulsive move to further higher high
Lets see what happens
Regards
Trade closed: target reached
Bingo Straight hit
Note
Walking along the side of the Trend line , Regards
Note
the stock is correcting , it may correct till 152i was expecting the stock to correct 1st then move , but it did reverse , one can look for reversal at or near 152/147
regards
Trade active
Oh boy they pulled up very sharp , I am on board for long form 154 lets see what happens Regards
Trade closed: target reached
Yaaaaaaaaaaaaaaahoooooooooooooooooooform 154 to 162, Booked my F & O Lot 3500 Made 28000
Chickens are flying ,
Made my day
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