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Nelco - A Model Setup
NELCO LTD
Nelco - A Model Setup
By johntradingwick
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Jul 19, 2023
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Jul 19, 2023
This was one of the cleanest setups that I have seen recently.
Every time the breakout was crystal clear, supported by heavy volumes.
The price never retraced more than 50% of the BO candle and always bounced off 20EMA.
I am sharing this setup just so you can study it and can catch similar setups if you come across any.
Disclaimer
: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
NELCO
swingtrading
Trend Analysis
johntradingwick
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Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram:
t.me/johntradingwick
✅ Blog:
tradingwick.in/
✅ Rounding Top pattern:
tradingwick.in/chart-patterns/rounding-top
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