Castrol - BUY but Only after a Pull Back,
Updated
Castrol Can be bought around 162-165 Levels.
Reason:
Price is trading near the lower end of the downward channel and a Strong Bullish Weekly Closing above 23.7 % Fibo Level.
Stop Loss : 152
Target 1 : 190
Target 2 : 200
Very good Risk to Reward at given entries. Pull Back is Expected after last Week's Straight Run with Nifty.
Patience is your Friend, wait for an entry. Missing the Trade costs Nothing, 0.
Reason:
Price is trading near the lower end of the downward channel and a Strong Bullish Weekly Closing above 23.7 % Fibo Level.
Stop Loss : 152
Target 1 : 190
Target 2 : 200
Very good Risk to Reward at given entries. Pull Back is Expected after last Week's Straight Run with Nifty.
Patience is your Friend, wait for an entry. Missing the Trade costs Nothing, 0.
Note
Be patient for Buy around mentioned levels only take trade on reversal in Hourly CandleNote
Setup is looking great, keep an eye for any reversals in Daily Levels.
Position Size: 2% Risk or less ALWAYS. CANNOT RISK MORE.
Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices
Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices
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