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.
Keep an Eye on this trade.
If it breaks the trend line with good volume, Buying opportunity can be seen above 1370.
Target 1 - 1390, Target 2 - 1400, Target 3 - 1420
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
ONLLY FOR SWING TRADING
BREAKING TRIANGLE PATTERN UPWARDS.
IT HAS BEEN ON AN UPTREND IN WEEKLY AND MONTHLY CHARTS.
ABOVE 100 DMA,200 DMA,400 DMA.
POSTIE CROSSOVER ON MACD.
VOLUME PROFILE SHOW LARGE TRANSACTIOS.
After breaking resistance area now price again retraced towards trendline support area.let's see how price react tomorrow at dis point. if price action suggesting bounce in dis stock then we will enter in dis stock for long trade
COLPAL has given Pullback and has formed diagonal reversal chart from lower-level now it has given Buy breakout from 1360 now a clear target is at 1474 with sl of 1332
Please follow the charts...
My view : Bullish...
Based on the fib i drew line...
Please play accordingly as per nifty movement...
Do your own analysis....
