SJVN Analysis for Long Term!
SJVN Analysis!SJVN Analysis on a Daily Timeframe!
Triangle Pattern formation in SJVN!
Triangle Pattern Breakout in SJVN!
Analysis:
SJVN was trading in a Triangle pattern. Yesterday it gave a powerful breakout to its resistance line with significant amount of volume. Also consider the 20, 50, 100 period EMA as these are also acting as a Support and Resistance as the price is respecting them it is moving ahead with them. Rest of the Analysis is on the chart itself please study it thoroughly.
Trade Setup:
Entry = Current price level is good to Enter but always enter 0.50rs above the previous day high.
Target = 226.64
Stop Loss = Below 136.11 or as per your Risk to Reward
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
Trade fermée: ordre d’arrêt atteint
SL hit, due to market volatility as STCG and LTCG rate increased after 12PM.
Avinash K.
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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.
Avinash K.
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.