Greetings Folks,
today I have prepared a setup of
HFCL
on NSE
the analysis is as follows-
- the price has made a fresh bullish structure in 15 min time frame
- the last higher high breakout failed, which means price can make a retracement to refuel the momentum
- the buying price is set under the underlying sell side liquidity orders, if they get swept, our trade can play well
don't play with fire, always use a predefined stoploss
today I have prepared a setup of
HFCL
on NSE the analysis is as follows-
- the price has made a fresh bullish structure in 15 min time frame
- the last higher high breakout failed, which means price can make a retracement to refuel the momentum
- the buying price is set under the underlying sell side liquidity orders, if they get swept, our trade can play well
don't play with fire, always use a predefined stoploss
Trade closed: stop reached:
buying zone got invalidated