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GSPL

Intraday Trade: watch for resistance breakoutbuy above 312 Sl 308 for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:GSPLLong
by stockkar
GSPL (Rectangle Channel Breakout) Consolidating in SR ZoneGujarat State Petronet Ltd : Natural Gas Transmission Company ( NSE:GSPL ) (Rectangle Channel Breakout) Consolidating in SR Zone. This can become a very good trade for intraday traders. Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your stoploss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your stoploss above the last swing low/high. Target and stoploss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, stoploss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:GSPL
by R_Sharma