Buy Trade Setup:
- If goes above 104.7
Reason(s) for Trade:
Near the Resistance with capability to break-out
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Disclaimer:
ProfitPattern is a purely educational Research unit and not a SEBI registered. Please be noted that Risks/losses are associated with stocks trading; and it's all your acts & liability.
- If goes above 104.7
Reason(s) for Trade:
Near the Resistance with capability to break-out
- Candle size near the resistance is good
- RSI is above 50+
- Previous Break-out was failed ( the break-out candle's previous candle was not of good size and also RSI was in overbought zone)
Comment: For more study & analysis update, join ProfitPattern over telegram - t.me/profitpattern
Disclaimer:
ProfitPattern is a purely educational Research unit and not a SEBI registered. Please be noted that Risks/losses are associated with stocks trading; and it's all your acts & liability.