Coromandal Analysis !! Broke Out.

Aggiornato
📈 Coromandal International 📉

This broke out from a Resistance Zone of downtrending Trendline and closed above four months high.

On Buy Side I am looking for Targets of 870 - 880 zone followed by 920-930 Zone.
Target Calculation = 2*(Resistance Level - Last swing low)


StopLoss should be kept below 790-800zone.
It offers 1:2 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Commento
Touched First Target Zone then Retraced. SL Intact.
istantanea
Trade chiuso: stop raggiunto
after Achieving Target 1 StopLoss hit.
breakoutCOROMANDELcoromandellongcoromondelfuturesfuturestradingoptionstradingSupply and DemandSupport and ResistanceTrend Analysis

Follow me for live IntraDay Chart Analysis on Twitter.

twitter.com/ShelendrAgrawal
Anche su:

Pubblicazioni correlate

Declinazione di responsabilitÃ