Let me put up a fresh trade before u !
Indian hotels : Volumes have been attractive today, and also making a HH & HL pattern on a daily & weekly scale.
So, a long trade can be considered with a small SL.
Try buying it in a range of 103-102(for conservative traders ), OR a small quantity @ 103.5-103 & rest close to 102(this set up is for aggresive traders ).
Tgt. -106.5-107, conservative traders book out 70% of ur longs. Agressive traders may keep a delivery ( provided that it doesnt close below 103 today.
SL- 100.90 on trading basis(same for both kind of traders)
Disclaimer : Author of this blog are not responsible for any losses if incurr due to any trade shared here on this blog as these trades are just for educative purpose.
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