Long
Forming channel pattern and reversing from trendline in Welspun
Chart is forming channel pattern and price is reversing from trendline. If price breaks upper trendline then can aim for 20% to 30%. If stock resist near upper trendline can get 15% returns. One can add if any dip and stoploss can be Lower trendline.
CHART IS POSTED FOR TRADE IDEA/ EDUCATIONAL PURPOSE. PLEASE DO YOUR OWN ANALYSIS
CHART IS POSTED FOR TRADE IDEA/ EDUCATIONAL PURPOSE. PLEASE DO YOUR OWN ANALYSIS
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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.
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.