Hi Everyone,
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
-------------
CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
-------------
CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
Trade chiuso: stop raggiunto
Stop Loss Triggered. Trade Closed
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.