Marine Electricals-Exhibiting good Price Action.
Positional Pick
✅Successfully completed a breakout and retest.
✅Demonstrating strong resilience in a bearish market.
✅Forming an Inverse Head & Shoulders pattern.
✅Gaining momentum with increasing volume and
price action.
❌ The market is in a profit-booking phase.
❌ Be cautious while entering new trades.
Entry: 335.5
SL: 281- Day closing basis.
Risk: 16.6%
Reward: 31%
RR: 1:1.8
Note: This chart is shared for educational purposes only. Please conduct your own research before making any decisions.
✅Successfully completed a breakout and retest.
✅Demonstrating strong resilience in a bearish market.
✅Forming an Inverse Head & Shoulders pattern.
✅Gaining momentum with increasing volume and
price action.
❌ The market is in a profit-booking phase.
❌ Be cautious while entering new trades.
Entry: 335.5
SL: 281- Day closing basis.
Risk: 16.6%
Reward: 31%
RR: 1:1.8
Note: This chart is shared for educational purposes only. Please conduct your own research before making any decisions.
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