Deepak Nitrite - Ready for next impulsive move Long

DEEPAK NITRITENSE

Description

⋅ Jul 4, 2021 5:44 AM

Key Highlights:

1. Bullish market structure
2. Volume expansion
3. Coming out of consolidation
4. Trendline breakout
5. Ripe for next impulsive move
6. Buy only on pullback b/w 1825-1850
7. Target: 1987, 2110, 2176

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Comments

sohamdey76

⋅ Jul 31, 2021 5:21 PM

Hit targets

sundar_trader_96

⋅ Jul 8, 2021 5:18 PM

also descending triangle. am i right?

johntradingwick

⋅ Jul 9, 2021 2:18 AM

@sundar_trader_96, Yes you are right. But in this case, the triangle worked as a continuation pattern and not a reversal. Hope that helps. :)

sundar_trader_96

⋅ Jul 9, 2021 10:15 AM

@johntradingwick, thank you