Target:- 270 Stop Loss:- 203 Duration:- 5 to 6 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
but it is very dangerous. previously for 2 times, it rallied then gets crashed.
marketaffairs
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@smallbull2003, ya there were whipsaw, I mean false signal. But if we checking on all those whipsaw then we will not put trade with confidence. There are too many stocks/contracts they have shown false breakout earlier but after certain attempt they finally succeed. So we have to ride on that.