Bravetotrade
Long

PVR: The Bullish Garley

NSE:PVR   PVR LTD
Setup -- Bullish Gartley
Entry -- Theoretically it is suggested to wait till the price tests the whole PRZ and shows some signs of reversal.
Stop -- Swing low below/at the PRZ
Target -- 1379; 1384

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Play safe Stay healthy.

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Bravetotrade
Comment: No entry yet.
Comment: bought @ 1353
Comment: target will be 1362
Comment: SL 1348
Comment: target hit
Comment: Since price did not pass through the PRZ there was no entry at that level but a simple breakout made some quick buck in just 5 min.
No updates.
what will be SL for this trade plz?
Reply
Bravetotrade himrsandeep
@himrsandeep, It depends how the trade is initiated. For any aggressive buy, stop can be placed below PRZ..to be on safer side. But for an entry after some sign of strength at the PRZ, or some consolidation there, SL can be placed below that swing low.
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