RESPONIND : cmp : 139.6
A falling supply trendline breakout done near 130-135 zone.
As well as a white marubozu kind of candle also formed in D & W chart.
Now trading near the breakout zone of 140-148 . If it surpasses and sustains
above the level a short term buying trigger could be possible .
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 128-140
Profit booking zone may be : 164 - 189
SL According to your risk appetite.
Positionally can move 200+
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
A falling supply trendline breakout done near 130-135 zone.
As well as a white marubozu kind of candle also formed in D & W chart.
Now trading near the breakout zone of 140-148 . If it surpasses and sustains
above the level a short term buying trigger could be possible .
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 128-140
Profit booking zone may be : 164 - 189
SL According to your risk appetite.
Positionally can move 200+
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
Trade closed: target reached
Note
Trading above positional target level.
Related publications
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.
Related publications
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.