Short Term Trade Tata Steel

Güncellendi
On 30m chart , breakout is visible in tata steel
On the breakout candle, Volume is higher than average
and there is sudden rise in ATR
The resistance trendline broken, is now acting as a support after the breakout
Since this pattern is on 30m chart ,
we consider it a short term trade and keep low tgt of 115.6(green horizontal line)
and SL of 112.25 (white horizontal line)
RR Ratio is 1:1
Not
dividend 3.6 per share
Not
Due to Dividend , the tgt and sl are adjusted as follows:

tgt : 112
sl : 108.6
İşlem elle kapatılmış
Target had reached but on immediate opening candle of day and reversed, if not able to book profit, can exit
Chart PatternsTrend Analysis

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