22% potential target in Aster DM on the verge of breakout
Aggressive trader can enter right after first 15min, to play safe wait for the candle to close and enter only at the closing at around 3:25PM.
Reasons to trade -
1. Beautiful price consolidation inside the channel
2. On the verge of breaking the trendline
3. 50 EMA support
4. Good Volume
5. Has taken a retracement from the Horizontal Demand Area
6. RSI above the MA
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The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Aggressive trader can enter right after first 15min, to play safe wait for the candle to close and enter only at the closing at around 3:25PM.
Reasons to trade -
1. Beautiful price consolidation inside the channel
2. On the verge of breaking the trendline
3. 50 EMA support
4. Good Volume
5. Has taken a retracement from the Horizontal Demand Area
6. RSI above the MA
Please hit the like button this really motivates me to make more such analysis.
Hit Follow to get regular notifications of my analysis.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Trade closed: stop reached
