Entry-228(After a 5min candle close above 227.60)
After breaking the support level and trend line it is currently in a interesting point of value.
In upcoming weeks it can give a nice return.
If open flats (1480-1490) and breaks 1490 level can go for buy for intraday.
Target and Stoploss already mentioned
1:4 risk reward setup
Symmetric triangle formation
Wait for breakout
TARGET AND STOPLOSS MENTIONED
1:5 risk reward setup
It is trading beautifully in monthly parallel channel and retracing from the monthly lower support to upper resistance.
Wait for proper breakout of triangle.
Target 1120 on intraday basis.
Wait for breakout on either side of inside channel.
Target Upper channel.