BRITANNIA
The stock has fallen 10% from it's 52 week.
The trend line acts as a strong support and resistance respectively.
*Trade Confirmations*
:- The monthly central pivot range is narrow indicating a trending month.
:- Descending triangles have good success rates.
:- Consolidation near the trend line.
*Trade Setup*
:- T1 - 3550
:- T2 - 3800
:- SL - 3350
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The stock has fallen 10% from it's 52 week.
The trend line acts as a strong support and resistance respectively.
*Trade Confirmations*
:- The monthly central pivot range is narrow indicating a trending month.
:- Descending triangles have good success rates.
:- Consolidation near the trend line.
*Trade Setup*
:- T1 - 3550
:- T2 - 3800
:- SL - 3350
Thank you for viewing my ideas and analysis. Read it completely for complete understanding.
Follow me so that you'll get notified whenever I post some content.
Let me know through the comment section if you have any doubts or feedbacks.
All the best! Happy trading/investing :)
Comment:
Target 1 achieved
Comment:
Now it's retesting the trendline.
Can add more quantities.
Can add more quantities.
Comment:
Successful retesting