BIKAJI - SWING TRADE - 23rd December #stocks

#BIKAJI (1D TF)

Swing Trade Analysis given on 23rd December, 2023

Pattern: RECTANGLE BOX BREAKOUT
- Volume Spike Buildup - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte

Trade active:

BIKAJI Update - 30th Jan, 2024

✓ 8% in 22 Trading Sessions

- Both target levels achieved
- Volume buildup for another breakout

Analysis Explained Link

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Comment:

BIKAJI Update - 13th Feb, 2024

- Back at the Support/Demand Zone
- After hitting both the target levels, the stock has retraced to the previous buy levels
- Will look at a re-entry if a proper bottom form is formed to ensure a small SL for a better RR
- Will be considering only the 1st target level again
- SL is mandatory due to market conditions