Drreddy | Bullish Parallel Channel & Falling Wedge 🎯

-----------------------🙏🙏NAMASKAR 🙏🙏-----------------------------
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⭕Day Trading opportunity ! min Chart Alert !!!⭕

--Buy above =5126 or CMP
--Target = 5594
--Stop-loss = 4926
--Lot Size = 125
--R:R = 2.35
--Expected Profit = 58,000 ₹ per lot ( 9.14% )
--Expected Holding = 10-20 day only
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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) stock is moving on Bullish parallel channel
2) falling wedge pattern breakout
3) resistance breakout with volume & candlestick pattern
4) multi time frame analysis is bullish


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Commentaire:

guys stock took with good volume , now we have a very limited loss running & market is correcting right now so it's better to close this trade

Trade fermée manuellement:

closed with tiny loss , stock went in our favor more than 6% but okay !!!