CARE RATINGS LTDLong
CARE RATINGS: Expecting 20-25% upside potential!
⚡️Price Analysis:
1️⃣ Trading near crucial EMA confluence zone - showing strong support
2️⃣ Long-term uptrend intact with clear HH-HL structure.
3️⃣ Recent correction found support at previous consolidation Dz
4️⃣ Volume trend showing distribution at highs - caution needed
5️⃣ Both EMAs rising - indicating underlying bullish momentum
✨ Key Observations:
➡️ Strong Dz confluence at support (EMA + previous consolidation)
➡️ RRR favorable at current levels with defined risk
➡️ Financial sector showing relative strength currently
➡️ Previous consolidation breakout acting as strong support
➡️ Multiple timeframes aligned for potential reversal
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What's your view on Rating agency stocks? Share below! ✌️🔥 Happy Trading!✅🚀
1️⃣ Trading near crucial EMA confluence zone - showing strong support
2️⃣ Long-term uptrend intact with clear HH-HL structure.
3️⃣ Recent correction found support at previous consolidation Dz
4️⃣ Volume trend showing distribution at highs - caution needed
5️⃣ Both EMAs rising - indicating underlying bullish momentum
✨ Key Observations:
➡️ Strong Dz confluence at support (EMA + previous consolidation)
➡️ RRR favorable at current levels with defined risk
➡️ Financial sector showing relative strength currently
➡️ Previous consolidation breakout acting as strong support
➡️ Multiple timeframes aligned for potential reversal
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What's your view on Rating agency stocks? Share below! ✌️🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
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