Famous tag line from a company which makes end result sticky. Fevicol level of 155 - not once it stopped - stops 4 times including an earlier occasion of 155.
It is a triangle which has formed if 150-151 zone is holded next then we look for 157-158 as next target.
Target -157-158
Holding above 150-151 zone next.
Googly or Doosra
Magic of Googly -yet to come below 142 for 135
Trade active
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19:39 Hrs 17th July2017
Last Price@152.90
Head & Shoulder with neckline @155
Targets to 157-158 if crosses above & holds then hold or book profits & try to re-enter later
Trade closed: target reached
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10:09 Hrs 18th July2017
Last Price@158
Done & Out at day high@159. PNB rocks from holding 150-151 zone downside.
@mihirj, See it is always risky to enter even if it has moved 1 bucks -after all it is your call because risk increases as you go away from entry point.