Hello guys sharing weekly chart of NHPC as you can see that price is trading in a Rising channel and following all the things needed for continuation of uptrend like Higher high And Lower low and now giving a breakout on horizontal resistance in channel so according to the previous trend I am taking a target to the upper line of channel as price is doing like this taking resistance there so it is looking a Good risk to reward trade for me sharing the levels below.
Target and Stop Loss
You Cannot Learn, Without Making Mistakes.
KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Target and Stop Loss
You Cannot Learn, Without Making Mistakes.
KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Transaction en cours:
ACTIVE
Commentaire:
Price reached to all time high, now it is a breakout too if sustained above 46.30
Transaction en cours:
PRICE GIVES A ALL TIME HIGH BREAKOUT LAST WEEK, REACHED 51 LEVELS TODAY NEAR TO MEASURED TARGET OF 53 GAINED 12% SO FAR, NOW I WILL TRAIL STOP TO COST.
Trade fermée: cible de profit atteinte:
Target complete mates, Reached to mention target of 53.30 from 45.65 gained 16% as my target. follow for more ideas like this. Cheers!
