Channel Breakout and Price Retested Breakout with Bullish Candle
The price given channel breakout and successfully retested the breakout level with bullish candle and substantial volume.
Entry above Rs 2450 , Stop Loss below Rs 2400 and Initial Target will be Rs 2700
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Entry above Rs 2450 , Stop Loss below Rs 2400 and Initial Target will be Rs 2700
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Note
expected support at ema 20, if price fall below that level - close the trade.Note
Note
trading above 200 ema.opportunity to accumulate stock.
Note
Perfect setup to go long.Stop Loss below 20 ema.
Trade closed manually
close the position (if any) as per price action.
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.