FRETAIL
FRETAIL Short I hope you can now see how FRETAIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
FRETAIL - RANGEBOUNDStock started its upward journey in Dec,16.
The Stock turned out of be a multibagger giving returns of about 468% in just one year.
However from last one year stock has been trading in a range of 200 points ( 640-440 levels).
Hence , a decisive break is needed to see a trending move in the stock, till then wait and watch.
Future Retail BUY setup - 200 SMA - MACD strategyBuy FRETAIL upon a close above 538.50 on day chart
Targets open
SL: 448
FRETAIL day chart study- Range breakdownFRETAIL day chart study - Range breakdown -Bulls' time to exit