Possible pullback and continuation set-up
The stock gave a trendline breakout and made a high of 177.9. Now it has fully retraced to the trendline and made a strong green candle.
This is a purely positional trade. Buy above 148 level for further upmove. It might test recent highs again.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr. Tanya Kumar
This is a purely positional trade. Buy above 148 level for further upmove. It might test recent highs again.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr. Tanya Kumar
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.