Just placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Also you can ask for my views on any chart.
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. ...
#PREMIERPOL (W):- CMP 115.75 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Buy @ CMP 84 for marked targets on the chart for the short-term holding.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
PREMIERPOL
1.round pattern formed breakout done.
2. healthy reatracement also done
3. first target cup level an secon target primary trend resistance line
Trade setup
- Cup and Handle (D)
- Volume building up
- ATH breached
- Fibo. retracement levels
- Buy at dips till retracement levels
Only for educational purpose
Breakout trade : once cross 42 with volume then it will likely to zoom to kiss 50 level in short term.
FOR EDUCATIONAL PURPOSE ONLY. NOT A RECOMMENDATION.
Buy premierpol @ 39.85 for the target price of 52 with tight SL of 36. This seems to be very good risk to reward trade. This is for your educational purpose only.
![PREMIERPOL: [SHORT-TERM] BUY PREMIER POLYFILM](https://s3.tradingview.com/g/gv220Lqv_mid.png "[SHORT-TERM] BUY PREMIER POLYFILM")
