Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me.
Points to Note:
1) parallel channel breakout POSSIBLE on weekly CHART time basis.
2) safe trader wait for trendline support area to enter long position around 770-780.
3) risk traders wait for CMP 815-820 if gap up opens.
I just shared my view.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Points to Note:
1) parallel channel breakout POSSIBLE on weekly CHART time basis.
2) safe trader wait for trendline support area to enter long position around 770-780.
3) risk traders wait for CMP 815-820 if gap up opens.
I just shared my view.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Note
given the analysis based on the weekly timeframe. Target may open for long term. But good support area at 780-800.Hence safe traders can buy in that range for long term.
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.
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.