ABDL: Bullish Setup Post-Breakout 🔥📈
✅ Breakout Alert: Price broke out of a long consolidation range, signalling strong momentum.
✅ Retest Success: Retested the breakout zone (~₹373), confirming it as support.
✅ Bullish Pattern: Inverse Head & Shoulders confirmed, adding to the bullish outlook.
✅ Volume Pickup: Rising volume aligns with price action, indicating strong buying interest.
✅ Above Moving Averages: Price holds above key 50 & 200 DMAs, reinforcing the uptrend.
🎯 Key Levels:
Entry Zone: ₹395-396(Safe Players wait for a day close)
Target: ₹471-480 (Medium Term)
Stop Loss: ₹359 (Closing Basis)
💡 Risk/Reward:
Risk: ~9%
Reward: 38%-50%
📌 Note: This setup is for educational purposes only. Please do your due diligence before trading.
✅ Breakout Alert: Price broke out of a long consolidation range, signalling strong momentum.
✅ Retest Success: Retested the breakout zone (~₹373), confirming it as support.
✅ Bullish Pattern: Inverse Head & Shoulders confirmed, adding to the bullish outlook.
✅ Volume Pickup: Rising volume aligns with price action, indicating strong buying interest.
✅ Above Moving Averages: Price holds above key 50 & 200 DMAs, reinforcing the uptrend.
🎯 Key Levels:
Entry Zone: ₹395-396(Safe Players wait for a day close)
Target: ₹471-480 (Medium Term)
Stop Loss: ₹359 (Closing Basis)
💡 Risk/Reward:
Risk: ~9%
Reward: 38%-50%
📌 Note: This setup is for educational purposes only. Please do your due diligence before trading.
İşlem aktif
6.8% move and staying in green in this bearish market. İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.