NRB BEARING
Multiyear Breakout
Chart Conclusion
1. Many accumulation seen on monthly,weekly,daily charts
2. Breaking Last high made in Nov 2022
3. Fibbonnaci Target of 225 may touch
4. Gap structure seen
This chart is only for educational purpose do your own study before taking any trades
Multiyear Breakout
Chart Conclusion
1. Many accumulation seen on monthly,weekly,daily charts
2. Breaking Last high made in Nov 2022
3. Fibbonnaci Target of 225 may touch
4. Gap structure seen
This chart is only for educational purpose do your own study before taking any trades
Comment:
Undervalued Stock, Under consolidation after uptrend good sign
Comment:
A good consolidation near breakout - sign for upside
Comment:
Almost reaching 224
Fibonacci study shows following levels
Fibonacci study shows following levels
Comment:
224 achieved
next 240 target
next 240 target
Comment:
240 achieved
Trade closed manually:
TRAILIN STOP LOSS HIT