FINNIFTY Long Trade Done Dana Done! Using Risological

13 set

1. This chart represents a long trade setup for the FINNIFTY index on a 15-minute time frame.
   
2. It features an entry point marked at 23,714.45, with a stop-loss (SL) positioned at 23,673.45 to manage downside risk.
   
3. The trade has four distinct target price (TP) levels, with TP 1 at 23,765.15, TP 2 at 23,847.15, TP 3 at 23,929.15, and TP 4 at 23,979.85.
   
4. The upward price action is supported by green candlesticks breaking above the moving averages, indicating a bullish momentum.
   
5. The dotted line (Risological trend) below the price movements suggest a trailing stop, for safe traders.
   
6. This setup offers multiple profit-taking points, ideal for capturing gains as the price rises through key resistance levels.
   

Good luck, Namaste!