Just go through the analysis idea of AIAENG on 13th June. The Target revised for this stock this is infact a god Risk to Reward Trade if executes properly "What else anyone need".
The stock is looking good and making all time high on Monthly chart, Meanwhile found and trading in a very good Daily Demand Zone, In this falling market this is making Higher High "Bhai dam toh hai". I am not providing any call or tips this analysis though having my own risk management i am owning position in this stock.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA & the lower trendline. The target is placed based on fundamentals.
