Previously we saw Trend Continuation Hint in form of Hidden Bullish Divergence.
N Wave is completed and By this week completion if Top is not breached then it will be a Bull Fractal formation.
We might see Some Drop from here on since already N Wave is completed.
Next Rally will be resumed once Stock breaches This Bull Fractal that stock forms.
Conservative Traders should wait for Candle Close above Bull Fractal. But Aggressive Trader can enter as soon as High is Breached. There is no TP as of now but once position is active we might be able to derive a Technical Stop and Initial Target. Although we should remain in Long position unless market takes us out. Trying to ooze out every bit of Profit we can out of this trade.
N Wave is completed and By this week completion if Top is not breached then it will be a Bull Fractal formation.
We might see Some Drop from here on since already N Wave is completed.
Next Rally will be resumed once Stock breaches This Bull Fractal that stock forms.
Conservative Traders should wait for Candle Close above Bull Fractal. But Aggressive Trader can enter as soon as High is Breached. There is no TP as of now but once position is active we might be able to derive a Technical Stop and Initial Target. Although we should remain in Long position unless market takes us out. Trying to ooze out every bit of Profit we can out of this trade.
Comment:
Aggressive Entry Triggered at 2039.50 MADE HIGH 2250 CMP 2120 Looks like We will get Close above Bull Fractal. Conservative Traders Should enter above 2250 and add on Dips and Hold for Good Returns.