On all TFs Colpal share is on bullish mode & trading above the 50 EMA Level. Daily BO has been done & today we have seen the selling pressure at the level of 1425 & stock taken the pull back. So now long entry can be taken above the level of 1412 till the weekly Resist area between 1440 to 1445 as marked on the charts. Once this level crossed than shortly we can seen the level of 1475 to 1480. So add the stock in your watch list to see the price action.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Trade active:
Trading at crucial level.
Trade closed manually