Supriya shows bullish potential due to the following factors
1. Upward channel giving a good
range bound move
2. Buying with good volume and candles
seen at the support zone
3. Golden cross about to form
4. Bullish flag with low volume
We should take the position sizing approach,
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk...
After Bullish Pole & Flag BO
Price moving up in Parallel Channel
CMP of 851 is above medium & Long Term Exponential Moving Averages
Targets : 951 - 1081 - 1161
SL : 744
RSI Trending up
Key highlights: 💡⚡
📈 Index is moving in Upward Moving Channel since 4th Nov 2020 as mention in chart.
📈 Index is taking exact support of lower trend line.
📈 MACD is also giving Crossover.
📈 One may go for swing trade into ENERGY SECTOR.
KEEP AN EYE ON ENERGY SECTOR STOCK.
EXAMPLE - ADANITRANS , RELIANCE
⚠️ Important: Always maintain your Risk & Reward...
BLUEDART (D):-Trading into an upward channel, BLUEDART gave a breakout with massive volume inside the upward channel, looking promising for upsides:)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.