After a Breakout on 04 july The stock has made a swing of almost 10% and now the price has been in correction. The prices are taking support at previous resistance which is also a Pivot point which makes a good entry point.
Entry can be done above the high of today's candle and stop loss should be below the Pivot Point for a Target of R1 and R2.
Entry can be done above the high of today's candle and stop loss should be below the Pivot Point for a Target of R1 and R2.
Trade active
Target of R1 achieved
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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.