Swing Opportunity in Shree Cement

Güncellendi
Go Long above 28580.1, for Targets of 29997.4 and 31414.7 with SL 27162.8

Reasons to go Long :

1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.

2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.

3. In addition to this the stock is about to give a Trendline breakout.
İşlem aktif
Entry triggered on 02 August 2021
İşlem kapandı: hedefe ulaştı
Target 1 Achieved on 04 August 2021
Double Top or BottomFibonacciTrend Lines

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