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Tata Elxsi

Discussion in 'Technical Analysis' started by ravirajpr, Sep 8, 2015.

  1. ravirajpr

    ravirajpr Responder

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    Good trade setup in Daily chart of Tata Elxsi, though I managed to enter in the 2nd pullback I exit the trade prematurely at 2nd resistance.
     

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    ravirajpr, Sep 8, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Where did you enter and exit?
     
    shabbir, Sep 9, 2015
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  3. ravirajpr

    ravirajpr Responder

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    Entry - 1065 Exit - 1200 as the pattern as it was developing looked like a downward channel.
    Attaching the actual chart when I exit the trade.
     

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    ravirajpr, Sep 9, 2015
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  4. shabbir

    shabbir Administrator Staff Member

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    I would say almost a perfect trade setup and perfect trade executed. Job well done.
     
    shabbir, Sep 9, 2015
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  5. ravirajpr

    ravirajpr Responder

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    Thanks Shabbir
     
    ravirajpr, Sep 10, 2015
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