WABAG — Step 1: Confidence & Readiness
Criteria Observation
Price Trend Range breakout attempt.
EMAs Cluster Price above 10, 20, 50, 100 EMAs. Bullish.
200 EMA Far below at ₹1,427. Clear trend support.
RSI (14) 56.3 — Stable and rising.
Volume Above average volume (611K vs 294K).
Relative Strength (Nifty) Improving.
Supertrend Turning bullish.
Structure Price reclaiming swing zone around ₹1,510–₹1,520 after long consolidation.
WABAG — Step 2: Full Swing Trade Setup
Parameter Levels / Plan
Entry Zone ₹1,505 – ₹1,525
Avoid Entry If Closing below ₹1,490
Stop-Loss (SL) ₹1,470 (EOD basis)
Target 1 ₹1,580
Target 2 ₹1,640 – ₹1,680
Criteria Observation
Price Trend Range breakout attempt.
EMAs Cluster Price above 10, 20, 50, 100 EMAs. Bullish.
200 EMA Far below at ₹1,427. Clear trend support.
RSI (14) 56.3 — Stable and rising.
Volume Above average volume (611K vs 294K).
Relative Strength (Nifty) Improving.
Supertrend Turning bullish.
Structure Price reclaiming swing zone around ₹1,510–₹1,520 after long consolidation.
WABAG — Step 2: Full Swing Trade Setup
Parameter Levels / Plan
Entry Zone ₹1,505 – ₹1,525
Avoid Entry If Closing below ₹1,490
Stop-Loss (SL) ₹1,470 (EOD basis)
Target 1 ₹1,580
Target 2 ₹1,640 – ₹1,680
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.