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Inside Bar

PVR - INSIDE CANDLE BREAKOUT | DON'T MISSHey Traders! how are you all ? Hope everyone is Bullish..hahaha..jokes apart! Coming to trade.. PVR making an Inside candle in Daily chart, keep your eye on this stock. All Levels are marked on this chart. MY VIEW: hmm Bullish(will wait for upside breakout) Let it break the rectangle then only enter the trade otherwise wait for consolidation. "More Consolidation = Better Breakout"!! As we can see 1200 & 1300 is a Psychology level. Both will act as a strong resistance. So trade carefully & book your profit accordingly. BUY above 1090 TARGETS: 1160, 1200, 1230 SL: Use Tight SL & 'Keep Trailing' Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!! Follow me on Twitter @dasckz Telegram: thetradingmindset
P
by CKDZ
2
MGL Inside Bar BreakoutMGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe. The price is moving along a rising trend line & price is currently at the trend line. The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below. Long above 1014 Short below 991 Fixed target: 1% (or the nearest S/R) NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
NSE:MGL
by tradepurge