Short if PDL is broken. Do not short unless it is broken; it can also bounce from here resuming uptrend. The PDL break is important as 1200 has OI resistance!
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 the candle formed in first 5 minutes and follow ORB strategy.
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 in first 5 minutes and follow ORB strategy.
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...
Given chart we can clearly see that SRTRANSFIN Took support exactly at 78.6 Fib level
If it trades below this we can see the 61.8 Fib levels in Near future within 2 days i think.
TARGET 1- 1192
TARGET 2- 1180
TARGET 3- 1160 FINAL TARGET
GOOD LUCK
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NSE:SRTRANSFIN![SRTRANSFIN: [Positional] Shriram Transport Double Top Setup](https://s3.tradingview.com/f/FbE0Ohqb_mid.png "[Positional] Shriram Transport Double Top Setup")
![SRTRANSFIN: [Positional] Short SRT Transfin](https://s3.tradingview.com/r/RMJbKqT2_mid.png "[Positional] Short SRT Transfin")
![SRTRANSFIN: [Intraday] SRTRANSFIN Short Trade](https://s3.tradingview.com/l/l08d6mOb_mid.png "[Intraday] SRTRANSFIN Short Trade")
