UPL : PARALLEL CHANNEL BREAKOUT
Updated
Case study
View: Bullish
-> buy on current levels 760-765
-> parallel channel successful Breakout
-> volumes increasing
-> long resistance breakout (760 level)
-> t1 800; t2 835; Sl 700
-> Buy on every dip till 735
View: Bullish
-> buy on current levels 760-765
-> parallel channel successful Breakout
-> volumes increasing
-> long resistance breakout (760 level)
-> t1 800; t2 835; Sl 700
-> Buy on every dip till 735
Note
Maintain Sl at 699the RRR will be 1.2
Trade active
TARGET 1 REACHED , HEADING TOWARDS TARGET 2 , BOOK 50%Trade closed: target reached
TARGET 2 ACHIEVED. TRADE CLOSE.
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