M_MFIN - Intraday/Very Short Term

By AdityaKarn90
Updated
his analysis is purely based on price action and Chart Patterns. Analysis done in live market. Kindly do your own study before trading.

The analysis is on 15min TF hence target can be achieved in intraday trade.

Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan

Keep trailing SL accordingly once entered into the trade.

Trade at your own risk and money management.

Feel free to comment for any queries & suggestion
Trade active
Booked 50% Qty at 146.50 (RR=1.25)
Trailed SL little below 50EMA - 144.10
Comment
Booked another 30% qty at 147
trailed SL above cost to 145.50/- for rest of the qty
Comment
SL trailed to 145.85
Trade closed: stop reached
Trailing SL hit at 145.85.
Chart PatternsM_MFINpriceactionanalysisTrend Analysis

Disclaimer