Multiple Trade confirmation- RAMCOCEM
- Type of trade- Swing Trading.
1) Entry: 995 to 1001 2) SL: 75 3) Target- 1030
4) Time Target- 5 to 20 Days
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-Multiple confirmation from Moving average
- Respecting support as it has tested support level 3 times since Feb'21.
-Triangle Breakout in day timeframe
- Double exponential MA confirmation
- Crossed MACD
- RSI is currently at 58.60
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This is just a study and I have all right to be wrong. Kindly do your own study before entering in this trade.
Note- Add in your watchlist and keep a track on it. I have added multiple indicator and studies to find the additional confirmation.
I follow only 2 indicator which gives me decent Risk Reward. Exceptions for gap up and gap down.
1) Entry: 995 to 1001 2) SL: 75 3) Target- 1030
4) Time Target- 5 to 20 Days
----------------------------------------------------------
-Multiple confirmation from Moving average
- Respecting support as it has tested support level 3 times since Feb'21.
-Triangle Breakout in day timeframe
- Double exponential MA confirmation
- Crossed MACD
- RSI is currently at 58.60
------------------------------------------------------
This is just a study and I have all right to be wrong. Kindly do your own study before entering in this trade.
Note- Add in your watchlist and keep a track on it. I have added multiple indicator and studies to find the additional confirmation.
I follow only 2 indicator which gives me decent Risk Reward. Exceptions for gap up and gap down.
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.