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PIDILITIND | Cup & Handle Breakout 🎯 شراء

PIDILITE INDUSTRIENSE

الوصف

⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕

-- Buy above=1751 or CMP
--Target = 1796 | 1838
--Stop-loss = 1726
--R:R =3.43
-- Lot size = 500
--Expected Profit = 43k ( 5% )
--Expected Holding = 10 days only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Stock has formed cup & handle pattern
2) Breakout was strong & retested the trendline again
3) Trendline resistance is already broken
4) Target is based on resistance areas
5) bullish engulfing candle as well

Guys Check out the related ideas as well, it will work really well GUARANTEED !

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تعليق

Need to cross the trendline

تعليق

safe can book some as the first TGT is almost achieved

تعليق

reduce your SL to cost as stock respected the trendline resistance

أغلقت الصفقة: تم الوصول للهدف

1st target reached

bought @ 1751
booked @ 1800
pints earned =50
lot size = 500
PROFIT booked per lot = 25000

Safe can book here ...rest modify SL to cost

تعليق

تم إغلاق الصفقة يدويًا

full exit Pidilite in NO Profit No loss
safe traders might have booked 25,000 PER LOT
التعليقات
Shrish_Nayak
@TradeTheTip Good Day. This touched the 1st target today of 1795 resistance level. It reversed from this level. Do you think it is the right time now to enter for a breakout and reach the second target too?
ReviveTraders
@Shrish_Nayak, well ...stock is in range now .....I suggest safe traders to book full at the first target
srikarthicvs
Sir, is it safe to enter this trade now for second target?
ReviveTraders
@srikarthicvs, you can re-enter after the trend line break as shown in the description box
BULLISHTRADER06
There’s a positive diversion when i look at rsi and chart, once again great analysis 👍🏻🥂
ReviveTraders
@BULLISHTRADER06, thanks ...you are doing gr8 as you also do your own study .....& I post the RSI here
sankhyainvestments
cup & handle in downtrend works ?
ReviveTraders
@rachanak, basically the trade is based on trendline break
sankhyainvestments
@tradethetip, yeah that makes sense , retest entry at trendline touch
ReviveTraders
@rachanak, yeah exactly 🎯
المزيد