PUNJABCHEM - Multifactor Breakout
Updated
1. PUNJABCHEM has given long term Trend Line breakout.
2. It has been consolidating around 1020-1050 for last 6-7 days.
3. 1050 is long term support/resistance as well.
Intraday
Entry around 1053-1055
SL - 1024-26
Target - 1080, 1098
Swing
Entry above 1060 (hourly close)
SL - 940 (day closing)
Target - 1150, 1200, 1300
Kindly follow risk management. I will prefer it for Intraday as capital is blocked in other trades
Thanks
Piyush Gupta
Learn & Earn
2. It has been consolidating around 1020-1050 for last 6-7 days.
3. 1050 is long term support/resistance as well.
Intraday
Entry around 1053-1055
SL - 1024-26
Target - 1080, 1098
Swing
Entry above 1060 (hourly close)
SL - 940 (day closing)
Target - 1150, 1200, 1300
Kindly follow risk management. I will prefer it for Intraday as capital is blocked in other trades
Thanks
Piyush Gupta
Learn & Earn
Note
Intraday target was reached same day. Rather it moved beyond Target 2 Swing Target 2 (1200) is reached on 23-Aug.
15% move so far
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Automated TG : t.me/PriceActionChart_TechHub
Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
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