Clarification of setup
1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup.
2. divergence has occurred between price and RSI , indicating short term bullish pattern .
3 entry, t1 and t2 has been marked in chart.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup.
2. divergence has occurred between price and RSI , indicating short term bullish pattern .
3 entry, t1 and t2 has been marked in chart.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
ملاحظة
First Target achieved. Go for second target with Trailing stop loss.أغلقت الصفقة: تم الوصول للهدف
Target Achieved, closing the setup. Good returns in short term. However stock can move up, but further analysis not done.Hardeep S Singh Sethi
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.
Hardeep S Singh Sethi
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.