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TradeRyteStockz
Feb 11, 2024 1:04 PM

PRISM JOHNSON - Swing Trade - 11th February #stocks Long

PRISM JOHNSON LTDNSE

Description

PRISM JOHNSON (1W TF) - Swing Trade Analysis given on 11th Feb, 2024

Pattern: RECTANGLE BOX
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte #PRISMJOHNSN #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment
Comments
Subeen2836
Bro, post your entry and sl levels as well! Would be useful
TradeRyteStockz
@Subeen2836,

Good morning Subeen,

Entries are always in the Demand Zones that I mark out. For my SL's, I personally am overly cautious and hence tend to keep my SL's just below the Demand Zone's. And then re-enter as per my levels if needed or pyramid into.

But technically, previous Swing Lows are the correct way to go (depending on whatever time frame is mentioned)

I don't like giving specifics but ranges, because its EOD candles that I only focus on. And even then, people jump in with FOMO. Hence, splitting the capital is always whats best and then averaging into the trade.

Hope this explanation helps.

Please feel free to ask me for any other clarification.
harshgautam725
Now it’s trading at 170 plz share your view
TradeRyteStockz
@harshgautam725

Please refer to the Volume and the Support Levels.

According to me, this market fall has given for a much better entry at a lower level.

As mentioned, always EOD candles is preferred for Entries or Exits.
harshgautam725
@TradeRyteStockz ok thank you
TradeRyteStockz
@harshgautam725

You're welcome Harsh.

Market is overstretched everywhere. Always keep your Risk management in play.
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