CHANNEL BREAKOUT IN SUPRAJIT
Suprajit breaking out the from a Parallel channel after a long period of consolidation looking bullish for the target of 400 and 470 so i am sharing my trading ideas for this stock below.
Idea 1-: Straight it can go up to 400 from here.
Idea 2- It could came down and retest it's support now that is the upper line of this channel and will go to mentioned targets.
RETEST IDEA-:
Idea 3- Can do first target (before or after retest) and will came down for retest and will go up again for mentioned targets.
Stop loss- Below 365 on daily candle basis is would be strict stop loss in above mentioned for all trading ideas.
𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Idea 1-: Straight it can go up to 400 from here.
Idea 2- It could came down and retest it's support now that is the upper line of this channel and will go to mentioned targets.
RETEST IDEA-:
Idea 3- Can do first target (before or after retest) and will came down for retest and will go up again for mentioned targets.
Stop loss- Below 365 on daily candle basis is would be strict stop loss in above mentioned for all trading ideas.
𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Note
RAECHED 394 FROM 381 NEAR TARGET 1 😀✌️Note
TARGET 1 ACHIVED ✌️✌️✌️✌️
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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.