Reasons for bullish bias:
- Price bounced from support
- Fib 0.5 level
- Risky trade as earnings were negative
Entry Level(CMP): 5.90
Stop Loss Level: 4.64
Take Profit Level 1: 7.03
Take Profit Level 2: Open
- Price bounced from support
- Fib 0.5 level
- Risky trade as earnings were negative
Entry Level(CMP): 5.90
Stop Loss Level: 4.64
Take Profit Level 1: 7.03
Take Profit Level 2: Open
Trade active
TP1 hitNote
Price is near TP2 and resistance zone. Booking some profit and moving SL to BENote
Strong bearish divergence formed
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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.