South Indian Bank Breakout seen in South Indian Bank
*Investment in Equity are subject to market risk do own research before start investing in Equity.
Stockindex
How I Cracked The Pattern - 11146 to 10665This idea is dedicated to Late Shri Arun Jaitley- Ex, FM (Finance Minister).
Trading Strategy
Plan A
If Index opens gap up – hold you long positions with 10795 as stop which was mentioned in status update on 23rd Aug 2019
Look for target 11025-11050 / Going above 11050 – Expect 11090-11120
Note – Do not hold your long positions in 11050-11100 zones
Plan B
Strictly above 11200 – Only, we expect higher moves else very much possible that Index can puke & fall to new low below 10637
Plan C
Risky Traders Only – Sell in 11025-11050 –If Index faces resistance & not going above 11065 which will be strict stop loss for targets 10900 – 10800 - 10580
Thanks for Support.
