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
Comment:
Trading above positional target level.
