Some key points are mention in chart This was on bearish journey from last one year & right now accumulation is done in a range & prepared for fly . This is a range breakout.... Range is 15% How to enter-: > small range-- one should enter at breakout level(range like-4-8%) >Big range ---one should enter at lower level of range with very small SL (just below the range like 2-5% so that due to volatility no hunting of SL) Targets & SL-- 1st target -490(27%) 2nd target-550(45%) SL 1st - mid of range (15/2= 7.5%)= [1st target- 1:3.7,,2nd target-1:6} [these are medium term levels --2-3 months] 2nd- low of range(15%) ={1st target-1:1.8, 2nd target - 1:3} Happy swing trading
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