Buy at 261 or 261+
Target :- 264, 265
SL :- 260 or 259.50
this is not a trading call
this is only for education purpose
if i am wrong then please let me know i will improve myself..
Thanks in Advance....
Ascending triangle forming for a long time and for short term its going for cup and holder formation but the resistance zone is so strong that it has become utterly unpredictable. If it breaks upwards into the resistance zone, price will move in that zone for some time. Wait for it to break out and it may show levels of 400+
Call in neutral
1. Bullish market structure - HH, HL
2. Volume expansion
3. Trendline breakout & retest done
4. Support zone: 140-150
5. Target: 204, 280, 400. Stop Loss: 140
6. Time frame: 9-12 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for...
CMP - 185
Stop - 140 on DCB
T1 - 220
T2 - 400, Review at 220
Expected Holding Period - 80 trading days or earlier for T1
Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Setup Retest Bounce Candidate Positive Structure with H&S Continuation Pattern Retest
Keep in watch list can give 10 % to 15 % Return in Short Term
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis