Strong Demand Zone/ Triple Bottom Reversal

praveen.bhatiya Updated   
It seems that at 70 level buyers emerge and find the stock cheap from where prices bounces back. It has developed the triple bottom and now strong green candle is developing. It offers a good trade with small Stop loss of just low of today. One can continue the trade with trailing SL for the target of 87- 93. It may work as a very good risk to reward trade.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active


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.