Another stock of the same group M_M is also at daily BO level & long entry can be taken above the price of 590 for the next target of 605. This stock is also very bullish & forming higher highs. As consider to RSI a minor pull back can be seen but stock will ready for the BO. So add the stock in your watch list to see the price action movement .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Trade active:
High 595
Comment:
High 598
Comment:
High 604
Trade closed: target reached