Long Symphony above 1099 for the first target of 1175 & send target 1300 with SL 1045. BO candle has been seen on the charts . High probability that stock can move in upwards direction. Good risk to reward trade. This is for your educational purpose only.
Hi team, we will initiate this trade once we get a confirmation of the bullish trend above the marked zone & the RR here is 1:1.5 which can be a 1:2.5 soon. Stay tuned for such "fatega" and "udega" trades on daily basis.
SWING TRADE: SYMPHONY, taking strong resistance from trendline, enter after trendline breakout, can give good move after breakout.
1.Long term downtrend is already broken and now retesting that level. 2.There is an evident H&S pattern forming. When looking at the volume we could notice a good accumulation. Aggressive traders/Investors can jump in at this level. Those who need additional confirmation can wait until the formation is complete and the breakout.