TRENDLINE BRAEKOUT IN ABCAPITAL
Mis à jour
In chart as you can see previously trendline which I have drawn as a channel there in chart has acted as a strong trendline resistance, price got pushed down every time it touched the zone/trendline/resistance channel. A Strong Breakout with such huge/unusual volume can be seen in chart and also breakage in (Lower Low) LL- (Higher High) LH cycle, can be a good pick for medium term or for like 5-8 weeks. Can be bought here at these current levels or else go for buy on dip till 112-113 level for the given targets in the chart with strict Stop-Loss of 110 level (candle closing below basis only). Consider booking partial profits at/near/around given targets.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF DESCENDING TRENDLINE BREAKOUT. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF DESCENDING TRENDLINE BREAKOUT. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
Transaction en cours
our T1 has achieved, hold for above target, keep trailing stop-loss for higher gains.Transaction en cours
our T2 has achieved, hold for above target, keep trailing stop-loss for higher gains.Transaction en cours
our T3 has achieved, can Book 25% of your Holding and keep trailing stop-loss for higher gains.Trade fermée: cible de profit atteinte
our T6 has achieved, can Book 75% of your Holding and keep trailing stop-loss for higher gains.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.