ELGIRUBCO breaking out of C&H!
⚠️Risky Bet.
1⃣Entry: Above 143. Safe to wait for day closing.
2⃣SL: 113.7 Closing basis. Risk is 22% so trade very light or tweak SL as per your appetite.
Technicals:
1⃣C&H on on DTF.
2⃣Volume Buildup with price movement.
3⃣Good Relative Strength
4⃣Wide Range Candles.
Risks ⚠️
1⃣Circuit stock(LC/UC)
2⃣Bearish Market.
The chart is shared for educational purposes only. Please do your due diligence.
1⃣Entry: Above 143. Safe to wait for day closing.
2⃣SL: 113.7 Closing basis. Risk is 22% so trade very light or tweak SL as per your appetite.
Technicals:
1⃣C&H on on DTF.
2⃣Volume Buildup with price movement.
3⃣Good Relative Strength
4⃣Wide Range Candles.
Risks ⚠️
1⃣Circuit stock(LC/UC)
2⃣Bearish Market.
The chart is shared for educational purposes only. Please do your due diligence.
Related publications
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.