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The_SharkTrader
Mar 2, 2024 10:49 AM

NELCO 1:5.6+ RR trade set up Long

NSE:NELCO1D
NELCONSE

Description

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1. Trend: Bullish
2. 6 months consolidation
3. Price taking support from fin 0.61% levels with double bottom formation
4. RR: 1:5.6+
Trend AnalysisChart PatternsBeyond Technical AnalysisNELCOFibonacci Retracementreversalreversalpatternreversalpointreversaltradingreversalzonereversals
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