Sunday, November 13, 2022

BB TRAP in Britannia stock day timeframe dated 11 nov 2022

BB TRAP pattern  in Brittania day timeframe

BBTRAP pattern has been formed in brittania day timeframe. See below and trade accordingly 





This is for learning purpose only. 

One candle is outside the bollinger band and latest canle on 11 nov is closed below previous candle low. So you can trade PE option in this scrip. 

You can also sell future but in future risk is high so i don't recommend future till you know better chart reading. 

SL in this trade will be high of 9 nov candle that is 4237. 

Target will be 20 sma on day timeframe. 

For regular updates kindly follow this blog.