SWING IDEA - BSE LTD
Aktualisiert
BSE, one of the leading stock exchanges in India, is showing technical indicators that suggest a potential swing trading opportunity.
Reasons are listed below :
Target - 3070 // 3250
Stoploss - Daily close below 2570
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Reasons are listed below :
- Strong Support Zone at 2600: The 2600 level has proven to be a robust support zone, indicating significant buying interest and a strong base for a potential price rebound.
- Bullish Marubozu Candle: The recent formation of a bullish marubozu candle, characterized by little to no shadows, indicates strong buying pressure and a potential for continued upward movement.
- 50 EMA Support: The stock is finding support at the 50-day exponential moving average, which reinforces the overall bullish sentiment and provides a reliable support level.
- 0.5 Fibonacci Support: The price has found support at the 0.5 Fibonacci retracement level, indicating that this key level is acting as a strong base for a potential bounce back.
Target - 3070 // 3250
Stoploss - Daily close below 2570
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Trade geschlossen: Stop wurde erreicht
-6%
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