Simple trade setup. Stop loss below S1. Target army R1 Time period: possibly within Aug or maximum till Sep 2024
Entry CMP Target 1:5 SL 463 This trade has the potential to give higher reward Need to hold on consolidating phase
Entry CMP Profit 236.50 SL 208 Can trail SL to get 1:2 reward and higher
Entry CMP SL and Target mentioned in charts Trail SL based on 50 DMA Can trail Target based on 10 and 20 MA Nice base formation of Cup and Handle
Entry at CMP SL 53 Target 1:2 Can trail SL based on 10 and 20 MA Cup and handle base formation
Can go long on LT for both Short Term and Long Term with a Strict SL. Short Term SL (Momentum Trading) - 1657 Long Term SL (Swing Trading) - 1490 Target 1:2....... Trail as per your risk
There is a higher probability of reversal on cards!!!
