Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
For last few days stock of Bharat forge is trading in the range of 380 to 395 in the zone of support & resistance. Now once again stock is ready for the BO .Wait for the complete BO as marked red line. Long entry can be taken above the price of 395 for the next target level of 415-420 with the SL of 380. Also if stock open gap up then wait for the retest level of...
1. On 30th May 2020, I published my analysis on this stock where I mentioned in Point No. 3 is quoting for your consideration. " Otherwise the current market price is the right place to go down. If it moves down only then the accumulation process will start. If upper red channel band and the red dotted line are not taken out then see...
Levels are mentioned on chart for Swing trading.
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Early entry: 385
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