Long
MEGH | Low beta stock - Looks good for 60%
MEGH | Low beta stock - Looks good for 60%
I see RSI negative divergence but a strong demand zone is near by it could be an excellent buy on dip opportunity
CMP : 85 (Dip 75 & 70)
SL : 67
Target : 125
1:5+ risk reward setup
[Consider buying 50% here (CMP), remaining in dip based on risk appetite]
I see RSI negative divergence but a strong demand zone is near by it could be an excellent buy on dip opportunity
CMP : 85 (Dip 75 & 70)
SL : 67
Target : 125
1:5+ risk reward setup
[Consider buying 50% here (CMP), remaining in dip based on risk appetite]
Trade closed: target reached
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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.