Long trade formed in GARFIBRES:-
- 1 day time frame bullish engulfing pattern formed - 21/OCT/2020
- Swing retracement is 0.618 it is a golden area for take a long position as per fibonacci.
Buy if price crosses above - 2000
Stop loss - 1935
Target - 2200
Pls Note:- Only for educational purpose and demo trading.
Simple trend line analysis for Alembic ltd. cleary showing bullish trend so this is a very good buy opportunity.
Buy at - 109
Stop loss - 98
Target - 130
Note:- (only for education purpose and demo trading)