CMP 2370 on 20.03.26
As it can be seen on the chart, the stock price has come down to multiple supports. If it gives a reversal here, it may go into a bullish phase.
The support area seems to be between 2370 and 2270.
The setup fails if it sustains below 2270. Risk management and position size has to be considered wisely.
If the setup works fine, further targets may be 2580/2900.
All these illustrations are only for educational purposes and for paper trading. This is not buying or selling advice. We are not responsible for any loss. Please consult your financial advisor before taking any trade.
As it can be seen on the chart, the stock price has come down to multiple supports. If it gives a reversal here, it may go into a bullish phase.
The support area seems to be between 2370 and 2270.
The setup fails if it sustains below 2270. Risk management and position size has to be considered wisely.
If the setup works fine, further targets may be 2580/2900.
All these illustrations are only for educational purposes and for paper trading. This is not buying or selling advice. We are not responsible for any loss. Please consult your financial advisor before taking any trade.
Trade active
Reached the first target of 2580.
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.
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.