ANGELONE
ANGEL ONE FOCUS FOR SWINGMakkale we got an oppurtunity for swing in Angel One. Kindly try to buy at lower levels for margin of safety. As i always say whatever we do must follow risk rewrad and money management and also keep in mind that market is in bearish mode. So adapt accordingly. CHEERS!!
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Long opportunity in Angel OneI know I'm posting this trade after I completed it but please don't mind as it's my first post. I would be posting more such analysis beforehand frequently. I would also love to have like-minded interested people tag along on Clubhouse & discuss.
Analysis -
1. Triangle pattern breakout on Daily TF
2. No major Supply Zone (SZ) on higher (Weekly) TF
3. Breakout with a good volume & no opposing action
4. Deeper entry at breakout candle & 1:2 RR till higher TF SZ is possible
5. Stop Loss (SL) placed at previous higher TF SZ which may act as a support now
6. Fundamentally strong scrip with good results
Entry - 1,585
Target - 1,905 (+20%) achieved
SL - 1,425 (-10%)