RECLTD | Trendline Breakout & Retracement with Hammer Pattern 🎯
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy Above = 139.30 or CMP
--Target = 157 | 183
--Stop-loss = 128.30
--R:R = 4.12
--Expected Profit = 31 %
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Longterm Trendline break with volume
2) after breakout retracement is done
3) Hammer pattern formation & now a big momentum is happening
4) Targets are based on resistance levels
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
--Buy Above = 139.30 or CMP
--Target = 157 | 183
--Stop-loss = 128.30
--R:R = 4.12
--Expected Profit = 31 %
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Longterm Trendline break with volume
2) after breakout retracement is done
3) Hammer pattern formation & now a big momentum is happening
4) Targets are based on resistance levels
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Trade active
Trade closed manually:
EXIT the stock in CMP as it could move further down so , we'll enter again & i'll Update the same if i gets a good opportunity , thank you !! 😊
