Breakout on the hourly Timeframe and also the stock has crossed over 200EMA.
One can plan a 1:1/1:2 Risk Reward Trade basis of the risk apatite.
1:1 can be achieved in a day, 1:2 might take a day or two depending on market conditions.
Note: This information is for entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions.
If you like this Idea, Please do like my ideas and share it with your friends. To further connect check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
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One can plan a 1:1/1:2 Risk Reward Trade basis of the risk apatite.
1:1 can be achieved in a day, 1:2 might take a day or two depending on market conditions.
Note: This information is for entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions.
If you like this Idea, Please do like my ideas and share it with your friends. To further connect check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Order cancelled:
Trade was not initiated as next day the price did not open the breakout level due to negative news in Adani stocks