Wavozen

10128 Triangle Breakout

Long
Wavozen Updated   
NSE:SBILIFE   SBI LIFE INSURANCE
Reason for long
a) Now the market is in euphoric state of long, At, this point for next 6 months most stock usually outperform for short term gains of 5 to 7%. Howsoever, we will try to target for 5 to 10% in 5 days or square on 6th day, if it is in consolidation zone
b) consolidation breakout
c) volume accumulation
d) Super vwap support
f) SL compulsory
Comment:
entry not triggered
skip the trade
now market sentiment changed to little negative
Trade closed: stop reached

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