Range breakout with quite good volume in IOC can be seen. Can buy at CMP for the target of 118.05 or can wait for the daily candle closing above 106.60 level with a strict stop-loss of 100 level (only on closing below basis).
Can expect a good upside-move after a long CONSOLIDATION or stuck in zone for a long time..
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
Can expect a good upside-move after a long CONSOLIDATION or stuck in zone for a long time..
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
تم فتح الصفقة:
first target has almost achieved, would suggest to hold for the next target.
trade is still active. Those who haven't entered in trade can enter in trade once 1D candle closes above 1st target which is 118.05 lvl.
trade is still active. Those who haven't entered in trade can enter in trade once 1D candle closes above 1st target which is 118.05 lvl.
تم فتح الصفقة:
again near our buying zone of 103.85-105, can think of buying in the given zone with strict stop-loss of 103.85 (exit the trade only when/if 1D TF candle closes below the 103.85 level).
This will be Risk-Reward Favorable Trade. (risk of 2rs, reward of min 10rs.)
This will be Risk-Reward Favorable Trade. (risk of 2rs, reward of min 10rs.)
تم فتح الصفقة:
128.65 was our 2nd target and candle has given strong closing above the target which also happens to be our resistance. Would suggest to stay/hold the trade if you already have a position AND if you didn't have position already, CAN MAKE FRESH ENTRY HERE AT CMP with the strict stop-loss of 125 level *(exit only when the candle closes below the 125 level)* for the given target in chart which is 140.65 level.
Have a safe investing Y'all.
**This is positional view**
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
Have a safe investing Y'all.
**This is positional view**
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
تعليق:
our target of 140.65 has achieved, would suggest to exit the trade.