Breakout Candle: Daily candle dated 22nd July 2021 Breakout Candle Close: 1590.20 Anticipated Price Target: 1764 Suggested Stop Loss on daily closing basis: 1573 (for the first 4 daily candles starting from 23rd July 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR Ratio: 1:10
NOTE: This idea is an attempt to predict the future price movement. Investment decision based on this idea, if any, shall be solely at the risk of the investor.