Why the current level and good for Long?
Stock is currently reacting from
1 ) Monthly Demand Zone
2) Weekly Demand Zone
3 ) Daily Demand Zone
Demand zone has support of 3 Monthly EMA ( Marked as Pink line on Chart )
Good Risk reward ratio.
Taeget till next Weekly Supply zone.
Entry, Target and SL are marked on the chart.
Stock is currently reacting from
1 ) Monthly Demand Zone
2) Weekly Demand Zone
3 ) Daily Demand Zone
Demand zone has support of 3 Monthly EMA ( Marked as Pink line on Chart )
Good Risk reward ratio.
Taeget till next Weekly Supply zone.
Entry, Target and SL are marked on the chart.
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.
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.