stockkar

watch for trendline breakout

NSE:DEVYANI   DEVYANI INTERNATIONAL LTD
buy above 168 in intraday and swing(safe above 170 for swing)
for swing keep Stoploss below 155

This stock is not very liquid, for intraday trades so keep stoploss little big and buy less quantity.

For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.

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.

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