Look for breakout.
I post all the opportunities that you all can paper-trade and watch for study.
soon I am launching a youtube channel that is completely based on SWING TRADING
Stock has given Break Out on Monthly Time Frame. Either one can enter now, add more during retest and look for mentioned targets. Or once can enter above 1068 for the mentioned targets. In both the cases, returns would be awesome. Go long!
WHEELS : BO with volume
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Hello traders,
Wheels India has given a very good weekly resistance breakout and looking good for swing.
with huge volumes gave weekly closing as well.
it's like a don't miss swing opportunity with SL below breakout (closing basis)
and for the target of 980,1060 and 1340.
very good risk reward swing trade.
check my other ideas to get to know about all the...
NSE:WHEELS Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational...
Wheels India Ltd. designs and manufactures road wheels. It specializes in wheels for commercial vehicles, passenger cars, utility vehicles; as well as of parts and accessories for machinery, equipment used by construction and mining industries. The firm operates through the India and Outside India segments. The company was founded on June 13, 1960 and is headquartered in Chennai, India.
NSE
