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tanya151181
Jun 29, 2022 6:20 AM

Watchout for range breakout Long

SOBHA LTDNSE

Description

The stock is consolidating in a range and looks good above 568 level for both intraday and swing (closing basis for swing)

Intraday target could be 1% move and positional 5-7% move.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar
Comments
LearnNDEarn
As usually with your analysis Booked the profits. Thanks for sharing the chart.
Neeraj_S_
Looks really good. It has a smaller timeframe (1hr/15min) trendline for the retracement. Breakout of that trendline could be a good entry (Just my view, not a call).
tanya151181
@Neeraj_S_, yes... It gave bo and retraced. One can now enter on upmove confirmation
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