SPICEJET TRADE PLAN: 06 JUL 20 ONWARDS

Spice Jet showing some interesting pattern & cleared by ATC to takeoff...lets see!!!

04 Jul 20
Spice Jet closed @ 50.15 on 03 jul 20 seems is in a consolidation phase ranging from 53.95-48.55 for last 18 days with decreasing volume . Waiting for breakout & confirmation of the pattern!!!

Trade Plan:

Buy – 54.05
Target 1 - 60.95
Target 2 – 68.10
Strict stop below 48.45

R:R - 2.49:1

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Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Chart PatternsElliott WavesupportSupport and ResistancetradeplanTrend AnalysisWave Analysis

Dhiraj Singh Bais
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