BALKRISHNA INDUSTRIES - LONG
تم تحديثه
Reasons for going long:
1) Breakout from Cup and Handle pattern after consolidation.
2) Also a trendline breakout with good volume.
3) Trading above 20, 50 and 200 EMAs
Entry: Can wait for the resistance area to be breached with good volumes and can enter on retracement or with the momentum. Can enter between 1,332.00 to 1,335.00.
Stop Loss: Can place below the resistance area after above entry.
Target: First Target near 1,370.00 where there could be a small resistance. If not then can reach 1,400.00 which is almost near its all time high of 1,453.00
RR Ratio: 1.00 (Entry-1,333.50; SL - 1297.00; Target - 1,370.00)
1) Breakout from Cup and Handle pattern after consolidation.
2) Also a trendline breakout with good volume.
3) Trading above 20, 50 and 200 EMAs
Entry: Can wait for the resistance area to be breached with good volumes and can enter on retracement or with the momentum. Can enter between 1,332.00 to 1,335.00.
Stop Loss: Can place below the resistance area after above entry.
Target: First Target near 1,370.00 where there could be a small resistance. If not then can reach 1,400.00 which is almost near its all time high of 1,453.00
RR Ratio: 1.00 (Entry-1,333.50; SL - 1297.00; Target - 1,370.00)
أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.