INFO EDGE has been respecting the trendline since a long time and has always hit the lower channel followed by hitting the upper channel [profit] which gives an opportunity for a quick profit following past data and all done on above average volume.
Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45
Tight stop loss right below 50EMA
Keep It Simple
Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45
Tight stop loss right below 50EMA
Keep It Simple
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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.
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.