📉 Alert! Bullish Pattern Spotted! 🐻
📊 Pattern: Rising Support
📌 Symbol/Asset: Cineline
🔍 Description: Bullish if sustain above support levels.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
mest capital indicator has generated an alert of going long in equity for CINELINE INDIA
Timeframe: weekly
Entry : High price of candel
Stoploss: Low price of candel
Happy trading 🙏
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Reasons to buy:
1)Indicators like MACD, RSI, DEMA all support buy.
Volume is superb.
Look at the Beautiful Morning start pattern formed today.
Also The Fib retracement is respected well and the resistance band is broken of 23.6% SO even though it may take some correction minor tomorrow due to big bullish candle stick today , but its definitely going to move till...
