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TradewithAditya
Dec 15, 2021 3:00 PM

STOVEKRAFT - Triangle Pattern Breakout - Swing Trade Long

STOVE KRAFT LTDNSE

Description

The analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade logic is based on simple 200EMA strategy (explained in image itself).

The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade

Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
Comments
dhanushk1997
I think it is going to breakout down.
TradewithAditya
@dhanushk1997, Lets see what happens, We have our SL intact and as long as our SL is safe, we need not worry. Its better not to assume anything. We should always walk behind the price, and never try to walk ahead of price.

Hope this helps.
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