Marketik

Potential Momentum Building - Rainbow

Long
Marketik Updated   
NSE:RAINBOW   RAINBOW CHILDRENS
- Technical Analysis:
- Reversed from the support zone.
- Near immediate resistance, expected to break easily.
- Potential for good momentum above 1200.

Trade Strategy:
- Entry: Consider buying on the breakout above the immediate resistance.
- Stop Loss: Below the recent support level.
- Target: Based on momentum and further resistance levels.
Trade active:
12% return on investment so far

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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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