(Swing / Positional Trade) | RR 1:2+ | Type:- Triangle Pre Breakout
Reasons To Trade🤔 :- Above 200 DMA, Stock In Uptrend, Forming Triangle Pattern, Last Candle- Bullish Pinbar (Hammer).
Entry :- 2300 - 2325
Stop Loss :- 2238
Target :- 2500 (It Can Give More) Depends On Market Condation.
(Risk Must Be Managed.)
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Signal's of confirmation :-
1. Wedge pattern
2. Shooting star candle
3.All time high
Buyers are facing rejection in the price hence we might see a retrenchment Till the support.
This is my view and now lets hope for the best!!!