#VENKEY (W): Maintaining an uptrend with correct higher high and higher low formations, it has now established a new higher low. Return to the prior breakthrough zone for a retest.
1) Retest Done
2) Risk to Reward Ratio is good :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment...
The company recently release their quaterly results. The results are very good. At the same time stock was in down trend but from few recent days stock gave a trendline breakout and also retested the trend line and now moving in upward direction. before some days it was near 200 exponential moving average and from that day it is moving upward. On 6th of...
As the price has broken and retests the level of 1710.00 there are chances of price continuing upside but wait till price to close 1835 because we can multiple wick rejection at that level so the price may pull back from 1835. And take entry with you confirmation
Hi everyone, welcome to the setup
1. We can see a good volume breakout from the channel pattern.
2. Clean retest with low red volume candles.
3. A 16% upside move is expected from here which is the height of the channel as well.
I have taken a cash buy-in this and the expected time to reach the target is 1-2 months.
Feel free to like the post and ask any doubts...
Hello, Fellow traders i hope all of you are doing well. Here's the chart of SBILIFE Retesting multiple supports at same time it can be a good buy opportunity from here.
let me know your views on my analysis