VMART Long Trend Following Set Up

Price is in a good up trend in the DTF after the consolidation phase, Price made the 1st pullback and up trend continue now again a pullback, 50EMA & 200EMA are in a up ward direction once the price closes above the 50ema in the 75m the up trend should continue.

Enter at or above 3664 (Subjected to price giving a good closing above the 50ema in 75m or 60m)

SL at 3359

TGT at 4051

NOTE This is the same set up as taken in ABBOTINDIA, PLEASE CHECK THIS SCRIPT IN DTF
- Entry date: 10th Aug21
- Entry Price 18380
- SL 17526
- TGT 19494
Price is moving towards my tgt hopefully Monday it should hit my tgt .

Commento:

Price went into a sideways move, positive BO of range can be a good tread