ABFRL, 3 FACTOR CONFLUENCE SETUP. READY TO BLAST IN COMING DAYS
ABFRL looks good above 225 (immediate breakout for Intraday) & if closes above 227-230 then can be taken for positional as well.
Its a conflunce of 3 setups as explained on chart.
1. Cup with handle (blue colour)
2. Symmetrical Triangle (yellow colour)
3. Weekly/Monthly resistance line breakout at 225
Keep it on radar and work with risk management.
Thanks
Piyush Gupta
Learn & Earn
Its a conflunce of 3 setups as explained on chart.
1. Cup with handle (blue colour)
2. Symmetrical Triangle (yellow colour)
3. Weekly/Monthly resistance line breakout at 225
Keep it on radar and work with risk management.
Thanks
Piyush Gupta
Learn & Earn
Note
Monthly TL (factor 3)
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.