ORIENT ELECTRIC : Looking Bullish - Bottomed Out
⚡Price Analysis:
1️⃣ Price bounced from the demand zone
2️⃣ Price structure is bullish.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Volumes spikes are building.
✨ My Expectations:
➡️ RRR is not favorable since SL is big.
➡️ 300 can act as major resistance.
➡️ Not very high convincing trade setup yet.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
1️⃣ Price bounced from the demand zone
2️⃣ Price structure is bullish.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Volumes spikes are building.
✨ My Expectations:
➡️ RRR is not favorable since SL is big.
➡️ 300 can act as major resistance.
➡️ Not very high convincing trade setup yet.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Anubrata Ray ⚡
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