Get started
Tradeception_

Will STOVEKRAFT make a new high?

Long
STOVE KRAFT LTD (NSE:STOVEKRAFT)  
Tradeception_  
NSE:STOVEKRAFT   STOVE KRAFT LTD
Trend Analysis Chart Patterns Technical Indicators stovecraft continuation continuationpatterns continuationtrade alltimehigh
2
0
trendanalysis chartpattern indicator stovecraft continuation continuationpatterns continuationtrade alltimehigh
STOVEKRAFT has been in a nice uptrend and it had made a high of 1017 on 30.08.21. Since then it has pulled back to the 20 EMA and has formed a continuation bar today. It seems that it is poised to continue its upward trend and possibly make new highs. A long trade can be initiated keeping the following levels in mind. Only initiate the trade if price sustains above the "LONG ABOVE" level for 15 minutes.
_____________________________________________________________________________________________________________________________

LONG ABOVE : 977.15
STOP LOSS : 915
TARGET 1 : 1039.30
TARGET 2 : 1101.45
_____________________________________________________________________________________________________________________________

Manage risk properly and trade the plan. :)
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.