#POSITIONAL CHOLAFIN
1) The stock is showing massive volume expansion, the volume with which the stock fall is comparatively less than the buying volume.
2) one can accumulate this stock in range of 125-140
Take trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
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at 180 level there is resistance according to fibonacci so if it breaks there will be an upside movement.....
and according bearish flag , wait till breakout ..... after breakout, it will show a good downward movement .... most probably it will be a bearish movement.............only for education purpose
