Positional hold. Sl around 147 cbsl.
Don't hesitate to close before target reaches. If you want do accumulation/distribution instead of one shot buy.
Hopefully, market should remain strong so that we can get most out of out position.
Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)
Continuing our old trade of Castrol Swing bet but we are facing the upper channel of the consolidation level.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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 ...