NESCO LTD.Long
NESCO - Range Breakout Intraday & Short Term Opportunity
NESCO is providing both intraday & short term opportunity. It has given volume support breakout from the 18 months range.
For Intraday, entry should be above previous day high - 692 with SL at 680 & Targets - 699, 706
For Short Term, we have to ensure that it sustains above 690+ till 12 and should give closing above 700. If it gives closing above 700, one can carry with 645 as SL and 750, 775 as targets.
Risk management is crucial and entry should only be done based on confirmation (Volume, candle close etc).
Thanks
Piyush Gupta
Learn & Earn
For Intraday, entry should be above previous day high - 692 with SL at 680 & Targets - 699, 706
For Short Term, we have to ensure that it sustains above 690+ till 12 and should give closing above 700. If it gives closing above 700, one can carry with 645 as SL and 750, 775 as targets.
Risk management is crucial and entry should only be done based on confirmation (Volume, candle close etc).
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.