TV18 - SWING TRADE - 7th January #stocks

TV18 (1D TF)
Swing Trade Analysis given on 7th Jan, 2024

Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retracement & Consolidation - In Progress

Trade active:

TV18 Update - 10th Jan, 2024

- Target Level Achieved with Strong Buildup
- 12% in 3 Trading Sessions

- TSL On

#stocks #swingtrade #chartanalysis #priceaction #traderyte #TV18

Comment:

- TV18 in a weak market
- After a 3 session retracement, the support was clear
- A nice 8% pullback today

#stocks #swingtrade #chartanalysis #priceaction #traderyte #TV18

Trade closed manually:

TV18 Update - 18th Jan, 2024

- Created an alert for our Support zone price
- Re-entry was taken on the support zone
- Target was previous high
- 11.5% in 1 Trading Sessions
- Total of 12% + 11.5% in 8 Trading Sessions

Always work in Probabilities and keep your Risk Management in Play constantly !

#stocks #swingtrade #chartanalysis #priceaction #traderyte #TV18

Comment:

TV18 Update - 20th Feb, 2024

- Previously achieved 23% in 8 trading sessions

Re-entry Possibility:
- Another price action buildup in the making
- Falling Wedge Breakout pattern on a Daily TF
- Target is previous high

Always work in Probabilities and keep your Risk Management in Play constantly !