Swing trade setup for 5 to 6%
Today we have a breakout of ascending triangle pattern and the price has entered the resistance zone. The breakout of 240 will open the levels of 255 which is a 6% move.
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Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BUY - NOCIL LTD
CMP - Rs. 222
Target - 1: Rs. 290
Target - 2: Rs. 325
Target - 3: Rs. 380
Technicals - Bullish Flag BO. Triangle BO
This is just a view by an expert analyst, please invest at your own risk.
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--- Trade was given on 15 -FEB -2021
Trade is Closed in PROFIT on 16- FEB -2021 ( 1 day )
bought @ 166.75
booked @ 176.75
pints earned = 10
👇👇👇👇👇👇 CLICK the chart for the proof 👇👇👇👇👇👇👇
The chart has been checked on multiple chart frames Daily, 4H, 1H and 30 min. This is a good scalping opportunity where stock is at the resistance turned support zone.
Aggressive traders can take and enter with strict stop-loss !! Personal entry taken...
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