Reversal @ FINPIPE

٢٨ ديسمبر ٢٠٢٤

STOCK: Finolex Industries Ltd.
*
SETUP: The price was facing the same resistance since 2021 ie 245 to 260, and finally gave a break out on March 24, and tested the 350 level, price again at the same break out restest level, and Bullish RSI divergence is visible can reverse from the same level to test again 350
*
VOLUME: High volume visible
*
PLAN: Entry: above 260, STOP: 235 TARGET: 1:2
*
NOTE: For learning purposes, only # Manage your risk
*
NOTE: Will not update on the same setup, Take target or Stop