CLOSED

IBULHSGFIN
Target Reached

235 2.62%
Close Price
(2021-03-03 04:55:00)
229
Entry Price
(2021-03-02 13:20:00)
235
Target Price
 
228
Stoploss
 
Enter above 229 | Created on 2021-03-02 07:45:05 and valid till 2021-05-10 18:30:00

Trade rationale

Moving Averages

Strategy: Breakout Retest: As can be seen from chart, the stock is retesting a breakout and taking support of 21 days Exponential Moving Average and hence is expected to bounce back for a second breakout. Also it is above super trend. Entry above Rs 229 (weekly resistance 1), SL of Rs 223 (low of 9:15AM bullish candle) and target of Rs 235 (Day high till now)