Rounding Bottom Pattern Formation
Current Market Price : 28.80
Bullish above 30 Level closing about 1 day Minimum,
Target : 50, 70+
Stop Loss : 7.5 (1 day Minimum Closing Below this Level),
Time Frame : Within 1 Year roughly as per Technical Analysis Principles.
Logic behind this idea:
(1) Rounding Bottom formation on daily chart ,
(2) Price Volume confirmation.
Disclaimer
Risk is Yours and Reward is too yours totally. This idea is being posted here by me for educational purpose only.
Thank You.
Bullish above 30 Level closing about 1 day Minimum,
Target : 50, 70+
Stop Loss : 7.5 (1 day Minimum Closing Below this Level),
Time Frame : Within 1 Year roughly as per Technical Analysis Principles.
Logic behind this idea:
(1) Rounding Bottom formation on daily chart ,
(2) Price Volume confirmation.
Disclaimer
Risk is Yours and Reward is too yours totally. This idea is being posted here by me for educational purpose only.
Thank You.
Note
Yesterday Low was 43 ...
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