Long Trade in Indian Terrain - Consolidation Breakout

2022年12月5日

INDTERRAIN

Clear breakout from a consolidation with very heavy volumes. Will be a great trade on any pullback towards 82-83 zone.

Target for the consolidation breakout amounts to 92-93, which incidentally is also it's monthly R3 pivot.

Any entry near 82-83 with a stop loss of 75.4, which is its monthly central pivot, gives a good 1:1.5 RR trade.

2022年12月7日

注释

Gave a dip to 83-82 zone yesterday, was the ideal time to take the trade!

2022年12月7日

注释

Still at these levels, if 75.5 seems a deep SL, can take a trade with a new SL of a close below 79, which means it has closed below R1. Ideally, it should bounce from here or else need to be alert!

2022年12月13日

交易结束：到达止损

Holding the monthly pivot level which was a deep SL, but I would get out here it has broken the breakout candle low. SL hit