Omsai1238

Triangle breakout in Britannia

Alış
Omsai1238 Güncellendi   
NSE:BRITANNIA   BRITANNIA INDS
BRITANNIA

The stock has fallen 10% from it's 52 week.
The trend line acts as a strong support and resistance respectively.

*Trade Confirmations*

:- The monthly central pivot range is narrow indicating a trending month.
:- Descending triangles have good success rates.
:- Consolidation near the trend line.

*Trade Setup*

:- T1 - 3550
:- T2 - 3800
:- SL - 3350

Thank you for viewing my ideas and analysis. Read it completely for complete understanding.

Follow me so that you'll get notified whenever I post some content.
Let me know through the comment section if you have any doubts or feedbacks.

All the best! Happy trading/investing :)
Yorum:
Target 1 achieved
Yorum:
Now it's retesting the trendline.
Can add more quantities.
Yorum:
Successful retesting
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.