Hey guys!
As you can see in the chart price has broken the TRAINGLE pattern perfectly. So, entry is valid @cmp. Price is trading above 20 and 50 ma. Its taking support of 50 ama and bounces each time.
Target can be more than 150% in 3 to 4 months. RR is more than 6.
Stoploss can be kept below 3.30 on weekly close.
Disclaimer : This is for educational purpose & not for trading recommendation!
As you can see in the chart price has broken the TRAINGLE pattern perfectly. So, entry is valid @cmp. Price is trading above 20 and 50 ma. Its taking support of 50 ama and bounces each time.
Target can be more than 150% in 3 to 4 months. RR is more than 6.
Stoploss can be kept below 3.30 on weekly close.
Disclaimer : This is for educational purpose & not for trading recommendation!