Keep an eye on balkrishna industries as it is has broken inverted H&S pattern + it is at the crucial zone of support in daily time frame.
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Reason to Buy:
1) Formation of inverted H&S pattern.
2) Taking support at crucial support zone in daily time frame.
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Next Safe buying spot would be at 1287.00 levels. Stop loss should be at 1246.15 levels.
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Take trade by considering RR ratio in mind. Wait for retracement.
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Reason to Buy:
1) Formation of inverted H&S pattern.
2) Taking support at crucial support zone in daily time frame.
.
Next Safe buying spot would be at 1287.00 levels. Stop loss should be at 1246.15 levels.
.
Take trade by considering RR ratio in mind. Wait for retracement.
注释
Entered into the trade. For safe entry wait for a retracement.交易开始
Good profit in progress.This stock is in an uptrend for 2 consecutive days one negative candle is possible, trail your stop loss as per your RR ratio.
交易开始
Still holding on to this trade交易开始
Still holding注释
Good Profit in Progress.
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