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BreakoutTrades
Jun 5, 2022 5:18 PM
Lemon tree
Long
NSE:LEMONTREE
1D
LEMON TREE HOTELS
NSE
Description
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Jun 5, 2022 5:18 PM
*for educational purpose only.
Price has given breakout just wait for some retracement.
Good to buy at support of 65.
Parallel Channel
Trend Lines
Support and Resistance
Comments
sandeshprabhu85
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Jun 6, 2022 6:22 AM
Seems like breakout & retest, it can be confirmed only if it takes support on the trendline and make a huge reen candle which indicates bullishness
BreakoutTrades
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Jun 6, 2022 6:52 AM
@sandeshprabhu85
yeah we need to wait for day closing.
sandeshprabhu85
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Jun 6, 2022 7:09 AM
@BreakoutTrades
, indeed, although it seems like a bullish sign to me
sandeshprabhu85
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Jun 7, 2022 4:19 AM
@BreakoutTrades
, Seems like the selling pressure is mellowing around the trendline support and we can expect a reversal soon
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