Rachanak
HDFC - VIEWtriangle breakout
+
resistance line breakout
buy near 2360 with your comfort R:R
disclaimer- for study purpose only
✨TERM OF THE DAY✨ == LONG HEDGE (SOME VIEW SHARED AS READ WHILE)A *LONG HEDGE *
REFERS TO A FUTURE POSITION
THAT IS ENTERED INTO FOR
THE PURPOSE OF PRICE STABILITY
ON A PURCHASE.
LONG HEDGE ARE OFTEN USED BY COMPANIES
THAT KNOW THEY NEED TO PURCHASE A COMMODITY
IN THE FUTURE AND WANT TO LOCK
IN THE PURCHASE PRICE.
THE LONG FUTURES POSITION MEANS
THE BUYER OF THE COMMODITY IS
MAKING A BET THAT THE
PRICE OF THE COMMODITY WILL RISE
IN THE FUTURE.
disclaimer - shared as read.
COAL INDIA VIEW - CONTINUATION 👇COAL INDIA VIEW CONTINUATION
GOING THRU SIMPLE TREND LINE CONCEPT>>>
A BREAKOUT @ 133 IS SEEN
OPENING TARGET RANGE OF = 142, 150, 162
STOP BEING 120
NOTE- VOLUME HAS PLAYED GUD ROLE,
MOST OF THE TIMES CLOSING ABOVE ITS 50ma
DISCLAIMER - FOR STUDY PURPOSE ONLY
OLD VIEW