UnknownUnicorn21160479

GATEWAY might rally (Significant demand zone)

Long
NSE:GATEWAY   GATEWAY DISTRIPARKS LTD
From the above chart we see that #GatewayDistriParks, a company into logistics has been moving downwards and recently had a volume spike and a breakout of the downward sloping trendline, it gave a low volume pullback & since listing it has respected a Demand Zone, ample of times and every time some buying can be seen happening in that zone. The recent price action is a retest but this is a risky trade so a strict SL needs to be there below the demand zone and resistances mentioned above in the charts are targets for the same.
A high risk short term bet so abide by strict SL, Targets.
Thanks for reading!
Trade closed: target reached:
TP 1 hit
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