Simple Trade Setup | GODREJPROP | 03-08-2021

2 thg 8, 2021

GODREJPROP

Trade Setup

If it open below 1660 and breaks 1660 levels and trade above it then it will be a entry point for buy trade. And if it faces resistance then it will be short trade but short below 1655.
If tomorrow, it comes to test 1630 level and gets support then it will be a good entry for buy trade.
Book Partial profit on 1648 quickly on either side of the trade.

All the higher level will work as resistance to short from the top.

But always follow levels to trade. Keep your SL. All levels will work as resistance, support, entry & exit point on particular day w.r.t price action near that level.

Comment your suggestion or doubt.