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Nimish_Ghagare
27. Mrz. 2021 12:19

Swing Trade in Godfrey Philips Long

GODFREY PHILLIPSNSE

Beschreibung

Go Long above 891.8 for a Target of 938.4 with SL 845.

Reasons to go Long :

1. On a daily timeframe if we draw Fibonacci Retracement from the recent lowest swing low (Point A) to the recent highest swing high (Point B), we see that the stock is taking support from 0.618 Fibonacci level.

2. Also the stock has formed a bullish candlestick pattern - Bullish Hammer (marked with an orange circle) on 0.618 Fibonacci level.

3. In addition to this stock bounced back from its recent support zone marked with a green rectangle.





Trade ist aktiv

Entry triggered today (30 March 2021).

Trade geschlossen: Stop wurde erreicht

Kommentare
kiran8959
WAITING FOR VOLUME TO PICK UP
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