Double bottom/W pattern formation on weekly chart around ATH
The stock is making a double bottom (W-Pattern) and looks good above 284 for intraday and 290 for positional trade.
Positional mid term targets can be 320 and 360 (calculated using Fibo).
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Positional mid term targets can be 320 and 360 (calculated using Fibo).
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
For high probable swing picks, join t.me/EquityResearch_PAC_bot
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My TG ID @tanya151181
Course details:
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All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.