srikartiram

BIRLACORPN | Previous resistance is an excellent support - 50%

Long
NSE:BIRLACORPN   BIRLA CORP
BIRLACORPN | Previous resistance is an excellent support and looks very safe above 800. Can see 50% and plus

CMP : 860 (Dip till 800)
SL : 740
Target : 1240

1:7+ risk reward setup (from dip - if we get)

Comments

Sir wanted to ask something... Everyone say the technical analysis work on smaller time frame like day or lesser than that because it is based on how the stock price moved based on same traders mindset...and you mostly use weekly time frame.. Any specific reason for that?
+1 Reply
srikartiram errahulgupta93
@errahulgupta93, Higher time frames gives good risk reward and decent profits.

I'm just a swing trader but not limited to weekly time frames alone. Some of the recent charts had better picture/ visual in weekly time frames.

its easy to trade in higher time frame you have lot of time to react. I'm not technical analyst or something I'm just a supply and demand trader so big picture helps to identify the major zones.
+2 Reply
errahulgupta93 errahulgupta93
@srikartiram ohh okay, Thank you sir🙌
Reply
Kindly share time for every stock.
Reply
srikartiram rajusingh3788
@rajusingh3788, I'm sorry I dont time the market. It is just a myth
+1 Reply
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