OFSS Stock of the Week.

il y a 6 heures

OFSS is at a perfect level for a Short Downside Swing as per the price action on daily charts. Although the RSI is in an Oversold Zone it may give a dead cat bounce.

F&O Activity:
11,000 Looks like a Big Resistance With Major Long's being Covered.

Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader if the Level is Breached.

Target(Take Profit):
8866.65 Levels for Swing Trade.

Stop-Loss:
11187.65 Levels for Swing Trade.

📌Thank you for exploring my idea! I hope you found it valuable.

🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.

Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.

Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.