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====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕
1) stock has formed sandwich candlestick pattern 2) Volume is very high 3) stock has just crossed 200 ema 4) Target is based on resistance zone at all time high 5) there is a trendline support as well
Guys check out the related ideas as well, it will work really well GUARANTEED !
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IT FACED STRONG TRENDLINE RESISTANCE AT 255. ALSO FORM PARALLEL CHANNEL . FOR NEX UP MOVE IT MUST GIVE CORRECTION UP TO 225-210. IT WOULD BE BETTER TO BUY AT LOWER PRICE. RISK TO REWARD IS NOT IN FAVOUR HERE.
ReviveTraders
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@tradetechnicalanalyst, it's is for educational purpose only .... Trading not recommended
tradetechnicalanalyst
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today form inverse H&S pattern on 2 hrs chart . it may test 243 tomm