Descending Triangle Breakout - MAHLOG Long

MAHINDRA LOGISTICSNSE

Description

⋅ Feb 27, 2024 4:28 PM

📊 Script: MAHLOG
📊 Sector: Logistics
📊 Industry: Miscellaneous

Key highlights: 💡⚡

📈 Script is giving breakout of Descending Triangle in Daily and Weekly Chart.
📈 It is trading at upper band of BB and giving breakout of it.
📈 Already Crossover into MACD.
📈 Double Moving Averages giving Crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.

Weekly Chart

⏱️ C.M.P 📑💰- 444
🟢 Target 🎯🏆 - 485
⚠️ Stoploss ☠️🚫 - 428

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!🥂

Trade closed: target reached

⋅ Apr 9, 2024 5:46 AM

Comments

nitheshnithesh20

⋅ Feb 28, 2024 3:27 PM

stoploss hit

sahil237

⋅ Apr 9, 2024 5:39 AM

Target achieved or , can hold for 550?

sahil237

⋅ Feb 28, 2024 4:21 AM

553 target is coming