watch for trendline breakout

20 Feb 2022

buy above 2530 (trendline breakout ) in intraday and swing
safe level day candle close above 2670

stock is making lower highs and lower lows (symmetrical triangle characteristics) and also tranding in a range on daily timeframe.

for swing stoploss below 2400 after breakout
positional stoploss below 2250

Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis

NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.