#Intraday Short Setup #Stockmarket #Stocktowatch #SYNGENE
SYNGENE INTERNATION
Recent Breakdown seen on Daily and weekly chart.
550 is good psychological level to short, can enter into trade 30% at CMP also.
Safe level is to Short below 535 ( Intraday setup)
For stop-loss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci / pivots level
Always try to book partially and trail.
Stock may test upto 510-500 levels.
NOTE: For Gap-down or breakdown
If gapdown is more than 1% from breakdown level than avoid completely.
if less than 1% or gives breakdown before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
Recent Breakdown seen on Daily and weekly chart.
550 is good psychological level to short, can enter into trade 30% at CMP also.
Safe level is to Short below 535 ( Intraday setup)
For stop-loss in Intraday use 5 minute chart and see nearest resistance.
for target use 5 min chart and fibonacci / pivots level
Always try to book partially and trail.
Stock may test upto 510-500 levels.
NOTE: For Gap-down or breakdown
If gapdown is more than 1% from breakdown level than avoid completely.
if less than 1% or gives breakdown before 9:20 than wait for
first 5 minute candle and entry below 5 minute candle
and revised SL above candle high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.