Breakout Alert: Central Bank Ready!
Central Bank Of India:
CMP: 48.30
Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line.
Watch closely: If the price surpasses 48.50, we'll consider a long entry, managing risk with a specified stop-loss as indicated on the chart.
If you appreciate our analysis, your support means the world! Boost us and stay tuned for more insightful market analyses. 📊🚀 #CentralBankOfIndia #Breakout
CMP: 48.30
Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line.
Watch closely: If the price surpasses 48.50, we'll consider a long entry, managing risk with a specified stop-loss as indicated on the chart.
If you appreciate our analysis, your support means the world! Boost us and stay tuned for more insightful market analyses. 📊🚀 #CentralBankOfIndia #Breakout
Note
Partial profits have been secured; consider further action if the closing price surpasses 56.Trade closed: target reached
We are securing 60% of our quantity in the trade, as it has surpassed 76 and is yielding over 55% return on our investment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.