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Rajachandrasekaran
Jan 10, 2024 4:13 PM

consolidation breakout trading opportunity in CHENNPETRO 

CHENNAI PETRO CPNSE

Description

CHENNPETRO consolidating after a big rally, and the stock is in a strong up trend ( stage 2) now the range of the price ( narrow range candles) is tight and volume dried, and today price range expands with increased volume. follow-through range expansion happens it will be a potential short-term swing trading opportunity.
DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be considered as a recommendation to invest, trade, and/or speculate in the markets. I am not an investment advisor
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