Stock after whopping 100% returns in 3 months (May - July 2021), has consolidated and has formed descending triangle pattern on weekly chart, with 215-220 levels as strong support. Now, one can consider long position with SL 210 on weekly CB for targets of 260 and 280 above with more than 1:2 RR.
Kindly do your analysis before initiating any trades.
Kindly do your analysis before initiating any trades.
Trade closed: target reached
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.
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.