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MyKEYtoSENSEX
Jul 3, 2022 5:21 AM

Responind Positional View !! Long

RESPONSIVE INDUSTRNSE

Description

RESPONIND : cmp : 139.6
A falling supply trendline breakout done near 130-135 zone.
As well as a white marubozu kind of candle also formed in D & W chart.
Now trading near the breakout zone of 140-148 . If it surpasses and sustains
above the level a short term buying trigger could be possible .
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.

Accumulation zone : 128-140
Profit booking zone may be : 164 - 189
SL According to your risk appetite.

Positionally can move 200+


Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally

Trade closed: target reached

Comment

Trading above positional target level.
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