The stock has formed a pennant pattern with high volume data. We could either look to short below 339 or sell on rise @ 345 zone.
Expecting a breakdown move of 15 - 20 points on the downside.
Entry - Below 339 or sell on rise @ 345 based on further price action.
SL - 350
T1 - 330
T2 - 325
T3 - 320
Purely for study purpose
Thanks.
Expecting a breakdown move of 15 - 20 points on the downside.
Entry - Below 339 or sell on rise @ 345 based on further price action.
SL - 350
T1 - 330
T2 - 325
T3 - 320
Purely for study purpose
Thanks.
Trade active:
Entered @ 344
Comment:
Revising my Target 1 as 334
Comment:
Target 1 done
Comment:
Exited my remaining position @ entry price