Hello Trader,
Came across a stock from the textile space that is looking good on both technical and fundamentals levels.
Technically it has formed a head and shoulder on daily with a pullback or a probable flag and pattern, it has also corrected well and seems like a good time to trade
CMP: 200
Target 1: 216 (R:R - 1:1)
Target 2: 232 (R:R - 1:2)
Stop Loss: 184
R:R - Risk to Reward Ratio
On weekly we can also see it forming a Higher high and Higher low
Fundamentally on the intrinsic value front it is undervalued and has great potential has a long term investment as well
Came across a stock from the textile space that is looking good on both technical and fundamentals levels.
Technically it has formed a head and shoulder on daily with a pullback or a probable flag and pattern, it has also corrected well and seems like a good time to trade
CMP: 200
Target 1: 216 (R:R - 1:1)
Target 2: 232 (R:R - 1:2)
Stop Loss: 184
R:R - Risk to Reward Ratio
On weekly we can also see it forming a Higher high and Higher low
Fundamentally on the intrinsic value front it is undervalued and has great potential has a long term investment as well
Not
This happened very quick, Target 1: Hit
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.