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this_is_shoaib
Jan 15, 2022 12:41 PM

Granules Breakout(Trendline+Resistance) Long

GRANULES INDIANSE

Description

Hello trader, the last stocks nmdc & tatasteel are performing well.

Speaking of the latest trades I caught granules giving a breakout but it didn't feel safe to enter as the horizontal resistance was not broken but now granules has given a breakout with a good strong candle and looks good for the upper marked targets.

The trendline breakout was an early entry and safer trade can be taken on the retracement of the horizontal resistance.

Buy above - 355
Better buy - 345 (might not retrace here)
Targets marked on the chart above.


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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Comments
djadhav2222
sir
very good analysis,
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