LTI looks good for quick gain. Currently 1:2 to risk to reward. I am betting 50% of my decided capital as per my risk management. Later 50% if get near 2550.
Looks good if crosses above green doted line and give closing then window for 180-200 point will get open
200 SMA retest and crossing from below.... Above support Line
Wait for the line to touch or find positive reversal otherwise risky.
Good risk to reward......high probability trade opportunity....#WABAG
Breakout....by risking 8 points....the probability of 28-30 points.....not a bad probability
At trend line support. By risking 25 points, we may get 100 point. After all it's a game of probability.... SL= 1450 Target=1575
#balkrisind #cup #technicalanalysis #patience pattern also need to be re arrange till the breakout...as it may form a cup or cup and handle....so wait till the green line breakout...
#Suopportandresistance #technicalanalysis #chart