#ALOKINDS long term buy setup (24/08/2024)
Greetings Folks,
today i have prepared a setup on
ALOKINDS on NSE
the analysis is as follows
- the price is now trading near a very important resistance which has been tested many times now. The more times a resistance gets tested, the weaker it gets
- the price has took support from the 0.5 fib levels, it might test it again or move down to 0.618 levels
- i have also marked a support zone from where the rally started, use it when the price breaks the fib levels
- if the price breaks the zone too, use the last swing i have marked as liquidity
dont play with fire, always use a predefined stoploss according to your risk management
today i have prepared a setup on
ALOKINDS on NSEthe analysis is as follows
- the price is now trading near a very important resistance which has been tested many times now. The more times a resistance gets tested, the weaker it gets
- the price has took support from the 0.5 fib levels, it might test it again or move down to 0.618 levels
- i have also marked a support zone from where the rally started, use it when the price breaks the fib levels
- if the price breaks the zone too, use the last swing i have marked as liquidity
dont play with fire, always use a predefined stoploss according to your risk management
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.
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.