It is clear from the chart that the stock price is traveling in a prominent channel, respecting support and resistance on both sides. If the momentum continues, may go to 500.
Considering risk-reward is the first thing in any setup. one should exit below 440/430 depending on the position size and risk management.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Considering risk-reward is the first thing in any setup. one should exit below 440/430 depending on the position size and risk management.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Comment:
Good move on the first day. Reached 472 in the session. Keep tracking.
Comment:
Crossing 480.
Comment:
Reached 494 today on 04.04.24.
Trade closed: target reached:
The target of 500 was reached. Made a high of 502 today on 05.04.24.