TRANSCORP heading to N43 zone.
This is 3rd week of straight loss for this asset.
I am looking at a buy opportunity around N43 which happens to be a confluence of an ascending trendline and a horizontal support level.
If this is favoured by fundamentals, we should be targeting a RR of 1:4.5
Long term investors have no worry with SL
This is 3rd week of straight loss for this asset.
I am looking at a buy opportunity around N43 which happens to be a confluence of an ascending trendline and a horizontal support level.
If this is favoured by fundamentals, we should be targeting a RR of 1:4.5
Long term investors have no worry with SL
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Related publications
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.