2 reasons to buy BIRLA CORP || Confluence Trade
1) Bullish candle on Uptrend support
2) Breakout-retest-continuation pattern i.e the previous resistance is now acting as support which can be seen from bullish candle.
It's a perfect confluence trade! A trade where multiple reasons are indicating a buy. Chances of success in this type of trade are more.
Can be bought for a target of 1500. CMP-1377. SL will be 1310 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
2) Breakout-retest-continuation pattern i.e the previous resistance is now acting as support which can be seen from bullish candle.
It's a perfect confluence trade! A trade where multiple reasons are indicating a buy. Chances of success in this type of trade are more.
Can be bought for a target of 1500. CMP-1377. SL will be 1310 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
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.