Intraday (26-08-2020). Keep in watchlist for few days

Marked are levels for intraday for coming days. Initial stages of a triangular pattern formation is visible. Keep a track on SBILIFE and LICHSGFIN also for sector trend confirmation.

ความคิดเห็น:

Triangle patterns has been breached. Pull back traders may wait for a retest towards near 595 levels, and take short entry. Breakout traders already entered on levels hold tight with SL.

ความคิดเห็น:

If target 2 is breached with volumes, wait for target 3 for Rs. 586

ความคิดเห็น:

safe traders keep SL near buy price as volumes are not expanding towards direction of downtrend.

ความคิดเห็น:

personally holding the trade to reach target 2 by keeping SL near buy price.

ความคิดเห็น:

Exit near target 1. Keep the levels for tommorow also. Will enter if opportunity arises.