The stock has broke out with good volume on 3rd August and has respected the previous resistance as a new support.
One can enter with a risk reward of 1:1 initially and trail the stop loss accordingly.
The possible stop loss can be at the low of the Morning star formation on daily chart on the days 30thJuly,2nd & 3rd Aug.
One can enter with a risk reward of 1:1 initially and trail the stop loss accordingly.
The possible stop loss can be at the low of the Morning star formation on daily chart on the days 30thJuly,2nd & 3rd Aug.
Trade closed: stop reached
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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.
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.