LTS gave a Symmetrical Triangle breakout with good volume on weekly chart. 3550 to 3600 will be good buying zone. It has to retest the trendline, observe the price action and enter in trade near trendline.
Attached: PIIND Daily Chart as of 21st April 2023
Price has given a Squeeze Release Buy Signal
+ an Inverted Head & Shoulder Breakout Buy Signal as well
Markings on Chart are SELF EXPLANATORY ^
Levels:
Buy at Current Market Price ~ 3189
Stop Loss < 3112
Upside Target= 3400
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USJPY will move up
for the day we aim 135.20 and 136.0
SL should be 132.90
Potential Entry to buy
1 = 134.50
2 = 133.70
if market remains in our favor then we will trail our TP further
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
A multiframe analysis of ZOMATO. Gives a long Entry signal if it give a good retesting.
Please wait for Retesting.
Please Share your thoughts.
Thank YOU
This is a long term Investment Idea (Buy Only) following signals from this indicator.
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Can we say it as a strong bullish movement as it has formed cup and handle where candle is a ascending triangle which inturn itself a strong Bullish movement.
2 price action pattern shows the upcoming strong move, may be in 2-3 days.
CAUTION: Only for Educational Purpose
BAJAJ_AUTO
cmp 3879.3
Day Timeframe
