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Long

PHILIPCARB | Trendline breakout & Retested the zone - 60%

755
PHILIPCARB | Trendline breakout & Retested the zone - 60%

Its not the trendline giving me the conviction in this trade, it is the support zone (Marked)

CMP : 188 (Dip 175)
SL : 160
Target : 285

1:9+ risk reward setup

Big trade - Hence trade with patience.
srikartiram
Also on:
Candlestick AnalysisfibaonaccipositionalshorttermSupply and DemandsupportzonesswingtradingTrend Lines

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.
Candlestick AnalysisfibaonaccipositionalshorttermSupply and DemandsupportzonesswingtradingTrend Lines
srikartiram
Also on:

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.