✺ LOGIC ✺ ✣Yellow Trendline: Supportive price line (Low-risk setups are created on this line ) ✣Blue Trendline: Strong Resistance ✣Pink Trendline: Good Resistance ✣Red trendline: OK-OK Resistance ✣Blue Horizontal line: Monthly Resistance now Support LEVEL
✺Plan ✣One should enter on these levels with a Risk of 4% and hold as much as you can, as its a low risk and high reward setup ✣If you are a Breakout trader then enter only when it crosses all the resistance trendlines and SL can be below the Candle (small risk) or Swing low, I would say go for small risk as there might be some other good trade that u might miss the more you wait on a loser trade
🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
@tinkerashu, Ofcourse bro anything that suits your setup is the best, I am not a call provider or something, just helping you out a bit by filtering the stocks and seeing their story, you should always use your and your setup only. Risk and everything