Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels for 2nd May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade...
We have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511.
I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750.
Due to...