ABB - Higher Higher and Higher Low Formation
Updated
ABB:
Making Higher Higher and Higher Low Formation at Daily Time Frame.
Entry ~7825 Candle Close
SL ~7420 Candle Close
Target 8700-8750
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Making Higher Higher and Higher Low Formation at Daily Time Frame.
Entry ~7825 Candle Close
SL ~7420 Candle Close
Target 8700-8750
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Trade closed: target reached
Trading Summary for ABB
Entry Price: ~7825 (Candle Close)
Stop Loss (SL): ~7420 (Candle Close)
Target Price: ~8700-8750
Trade Entry Date: 16-Aug-2024
High Achieved: 8940 on 16-Oct-2024
Gain Calculation:
(8940 / 7825) = 1.14 (or 14% profit)
Duration: 2 Months
Trade Status: Closed
Key Points
Surpassed the target price of ~8750
Achieved a significant ~14% gain in a 2-month period
The trade was executed effectively, demonstrating good timing and market strategy.
Disclaimer
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