TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 4 to 8 times.
Buy if price close above 1450 today Stoploss 1480 Target 1520 or any Reasons For Trade-1.Price has broken the support 1450 and recoverd easily near to level
2. Stoploss hunting was done by institutional traders
3.Pin bar formed near 200 Days EMA on 4 hour chart
4.Close above 1450 will expose higher side
5.Risk Reward 1:2
6.Trade with 1% risk of your capital
A Decent Sell Opportunity Arises in Kotak Bank. @ 1450 ..Keeping SL @ 1470
The Stock has been on an upward Trajectory and had staled for some days with Exhaustion.
Now it has broken a key support and looks good to come down.
Trade Horizon is close to a 3-4 days of Hold required.