TradeRyteStockz

FINOLEX INDUSTRIES - Swing Trade - 25th March #stocks

Long
TradeRyteStockz Updated   
NSE:FINPIPE   FINOLEX INDUSTRIES
FINOLEX INDUSTRIES (1W TF) - Swing Trade Analysis given on 25th March, 2024

Pattern: SYMMETRICAL TRIANGLE
- Pullback candle from Lower Trendline Support - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - Done ✓

#finpipe
Trade active:
FINOLEX INDUSTRIES Update (as on 1st April, 2024)

✓ 6.5% today in just 4 Trading Sessions

- 1st Target Level Achieved
- Broke out of the Upper Trendline with strong weekly volumes
- Hence, partial entry was taken and will add to the position if it rises up. Will trail my SL according to the Levels
- Thereafter, if it retests the demand zone will look for a re-entry

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