IRFC - Swing Trade Analysis - 6th July #stocks
IRFC (1W TF) - Swing Trade Analysis given on 6th July, 2024
Pattern: CUP & HANDLE SETUP
- Weekly Resistance Trendline Breakout - Done ✓
- Strong Pullback candle with Volumes - Done ✓
- Weekly Support Zone Retest & Consolidation - Done ✓
- Demand Zone retest for a Small SL and a better RR - In Progress
Please Note:
- This is a re-entry setup analysis that we are getting into for a quick swing trade
- We had already achieved 30% in this trade from our previous analysis of IRFC in March 2024 & were stopped out with our TSL
- Just riding the trend of the Railways sector again
- Stop Loss is mandatory for the trade
* Disclaimer
Pattern: CUP & HANDLE SETUP
- Weekly Resistance Trendline Breakout - Done ✓
- Strong Pullback candle with Volumes - Done ✓
- Weekly Support Zone Retest & Consolidation - Done ✓
- Demand Zone retest for a Small SL and a better RR - In Progress
Please Note:
- This is a re-entry setup analysis that we are getting into for a quick swing trade
- We had already achieved 30% in this trade from our previous analysis of IRFC in March 2024 & were stopped out with our TSL
- Just riding the trend of the Railways sector again
- Stop Loss is mandatory for the trade
* Disclaimer
Disclaimer
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