MAJOR TREND LINE SUPPORT AREA !
Stock is at its major trend line as clearly seen in the chart.
Look for strong candlestick reversal pattern on daily time frame or wait for small uptrend formation.
This can prove to be a great risk to reward ratio trade with RR minimum 1:4.
Trade only for positional/swing.
Target can be 5% , 10% and 15% as per holding capacity duration.
This chart analysis was done by me only for better learning , consult your financial advisor before taking any trades.
Look for strong candlestick reversal pattern on daily time frame or wait for small uptrend formation.
This can prove to be a great risk to reward ratio trade with RR minimum 1:4.
Trade only for positional/swing.
Target can be 5% , 10% and 15% as per holding capacity duration.
This chart analysis was done by me only for better learning , consult your financial advisor before taking any trades.
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