8266 Trendline breakout
Updated
Reason for long
a) Trendline breakout
b) super trend support level and is powered by vwap support.
c) QQE and Renko in daily time frame is negative but in weekly it is positive and there is contradictory view Hence SL compulsory
d) Good risk reward zone
e) One it breaks the 520 level is the super vawp level and this long above 520 is the good buy for long term view
f) fundas okay for value buy and for position building at 500 and 320 levels for long term investments
a) Trendline breakout
b) super trend support level and is powered by vwap support.
c) QQE and Renko in daily time frame is negative but in weekly it is positive and there is contradictory view Hence SL compulsory
d) Good risk reward zone
e) One it breaks the 520 level is the super vawp level and this long above 520 is the good buy for long term view
f) fundas okay for value buy and for position building at 500 and 320 levels for long term investments
Trade closed: target reached
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.