#IRFC breakout trade setup (17/07/2024)
Greetings Folks,
today I have prepared a setup of
IRFC on NSE
the analysis is as follows-
- the price has reached the 50% retracement again
- the textbook knowledge is the more the support gets tested the more weaker it gets, same applies with resistance
- please consider the trap mentality of money makers as the volume in the stock is low and the stock is not necessarily bearish, stay alert if u plan to short
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
today I have prepared a setup of
IRFC on NSEthe analysis is as follows-
- the price has reached the 50% retracement again
- the textbook knowledge is the more the support gets tested the more weaker it gets, same applies with resistance
- please consider the trap mentality of money makers as the volume in the stock is low and the stock is not necessarily bearish, stay alert if u plan to short
- i have chosen small targets regarding the upcoming pre budget volatility
don't play with fire, always use a predefined stop loss
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.