DCMSHRIRAM Time Frame :- Weekly
Study :-
- Tested Twice in past .
- Was in consolidation for long time(june 2021- November 2024).
Conclusion :-
₹1251 was a strong resistance. Breakout check ✅️
Time Frame:- Daily
Study :-
- Was obeying Trendline
- Tested trend line twice
- Forming ascending wedge
Conclusion:-
Breaking of trendline . Breakout ✅️
Conformation:- Volume Breakout(breaking 20MA)Breakout✅️
Cautions ❗️:- RSI heading toward over bought zone so may correct for conformation. Do your own study before investing.
Stop loss :- Bellow previos day low
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.