Angel One Ltd - Short term Swing Trade
Following are the support points
1) 50 DMA > 200 DMA
2) Long term trend reversed
3) Fibonacci retracement - reversed from 60 % golden ratio
4) Fibonacci extension - already crossed 38%
5) Inverted Head and Shoulder formed and BO occurred
Next target 3895 - 4402 onwards per Fibonacci extension.
Idea is purely academic in nature and not and advice for trading
1) 50 DMA > 200 DMA
2) Long term trend reversed
3) Fibonacci retracement - reversed from 60 % golden ratio
4) Fibonacci extension - already crossed 38%
5) Inverted Head and Shoulder formed and BO occurred
Next target 3895 - 4402 onwards per Fibonacci extension.
Idea is purely academic in nature and not and advice for trading
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