MPHASIS LTDLong
Swing Trading Opportunity For Last week of May 2023
Updated
The price is near the resistance level for both Daily and Weekly timeframes.
Wait for the Breakout candle on a daily timeframe and then enter accordingly.
If the stock goes down without breaking the resistance then ignore it for a while.
Note: This idea is for education purpose only.
Wait for the Breakout candle on a daily timeframe and then enter accordingly.
If the stock goes down without breaking the resistance then ignore it for a while.
Note: This idea is for education purpose only.
Trade active
The stock has retested the breakout today.Plan for 1:1,1:2 swing trade based on the body of the triangle.
Note: Trade is possible only if tomorrow's daily candle closes above today's hammer candle formation
Note
1:1 Target Achieved
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