Intraday trades jun 15

Hindustan uniliver 
Reason for trade 
1 Below opening range (orb breakout)
2 below MA ( moving average) showing down trend and strong rejection.
3 lower high formation ( structure).
4 below VWAP.
5 big red candle indicating institutional selling and break of Orb support.


Entry 2095 
Stop loss 2102
Target 2085
Exit 2083

Risk 7 Reward 12
1:1.71


Reliance 

Reason
1  Near to all time 52 week high.
2 Above Vwap,MA .
3 higher high higher low structure.
4 Day high breakout with volume.


Entry 1611
Stop loss 1600
Target 1630
Exit 1620 because of inverse hammer formation ( showing weakness).
Approx 1:1.


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