The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Currently trading at 653.90 Prices consolidating above 600 levels since April 2022. Sustaining 600 levels, it could move towards 700 to 800 levels in the coming months.
#ANGELONE NSE:ANGELONE NSE:ANGELONE CMP: 1452.50 Entry Price 1440 Target: 1900+ SL: 1170 RR Ratio > 3 Return > 45% Time Frame < 6 months. Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above...