Overview & Observation:
1. Trendline break.
2. Change in price structure.
3. Prices are reversing with double bottom formation and breakouts are sustaining.
4. Buyers have started dominating
5. Good volume support is also present.
6. Momentum will be slow since multiple hurdles are present!
Trade Plan
Entry = CMP
SL = 10%
TP = Minimum double and more based on trailing and holding capacity.
-Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Trendline break.
2. Change in price structure.
3. Prices are reversing with double bottom formation and breakouts are sustaining.
4. Buyers have started dominating
5. Good volume support is also present.
6. Momentum will be slow since multiple hurdles are present!
Trade Plan
Entry = CMP
SL = 10%
TP = Minimum double and more based on trailing and holding capacity.
-Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Anubrata Ray
