KHADIM | Looking good for another rally | 70% upside | Hold
Updated
CMP- 285
SL- 269 (closing basis weekly)
Target - 470-500
20/7/21 (second view for KHADIM) **see 1st post
- Market structure HH,HL and breakout of important zone and now retest
- Resistance of 270-280 was broken decisively
-Support formed with burst in trading activity
- Above all EMA's on D and weekly major EMA's crossing over
-Parameters positive
-More people have been taking deliveries on retest levels
Can go long now, or wait for green candle to form, confirm with volumes
Good R:R
SL- 269 (closing basis weekly)
Target - 470-500
20/7/21 (second view for KHADIM) **see 1st post
- Market structure HH,HL and breakout of important zone and now retest
- Resistance of 270-280 was broken decisively
-Support formed with burst in trading activity
- Above all EMA's on D and weekly major EMA's crossing over
-Parameters positive
-More people have been taking deliveries on retest levels
Can go long now, or wait for green candle to form, confirm with volumes
Good R:R
Trade closed: stop reached
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