Here is the summary
Breakout level supports 230/235/240
Narrow sl 228
wide sl for trend 202 (until bulls hold 200 my targets stay intact)
Targets 260/297/352
Interference from 256/268
Both traders and investors can use SIP entry = average entry over 3 days
in a bull move correction=2,3 days and rallies = 3-5 days
hence you are likely to emerge with a profit or worst case near break even after 5 days if u follow the systematic entry approach
Other entry techniques= buy pullbacks to 13/21 ema (hourly/daily/weekly)
Monthly chart trendline is what is stopping this chart from literally flying to the upside.
NICOLASPIR:9/29/2006
Close/cmp:236.6
Swing : Up=Buy ( 12.000% sensitivity)
Targets Active above:225.952
T1:260.221 T2:295.25
T3:351.921 T4:386.95
LastPivot203.55 TrailingStop:35.0294
0.618 sl:183.129
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