Crisil weekly trend analysis.
> Falling wedge breakout
> 7 months downtrend break on weekly timeframe. (From may 2022)
> Size of the pattern is 890 rs.
> Forming an Inverted H&S Which is bullish pattern.
> Entry break and trade above 3100.
> Potential targets 3223,3424,3626,3840.
> keep will be 7-10% below entry price.
> position size : 10-20% of the trading capital.
> max risk : 1-2% of trading capital.
> time : 1-6 months.
> Happy swing/positional trading.
Note: only for educational purpose, trade at your own risk.
> Falling wedge breakout
> 7 months downtrend break on weekly timeframe. (From may 2022)
> Size of the pattern is 890 rs.
> Forming an Inverted H&S Which is bullish pattern.
> Entry break and trade above 3100.
> Potential targets 3223,3424,3626,3840.
> keep will be 7-10% below entry price.
> position size : 10-20% of the trading capital.
> max risk : 1-2% of trading capital.
> time : 1-6 months.
> Happy swing/positional trading.
Note: only for educational purpose, trade at your own risk.