Himadri Specialty Chem - Breakout Setup (Swing Trade)
Himadri Specialty Chem is approaching an important zone for a potential breakout setup. Here's the plan:
Entry Zone: 591
Entry Price: Once a 15-minute candle breaks above 591, the high of that candle will confirm the entry.
Target: 662.8
Stop Loss: 555.10 (Stop loss will be triggered only if a daily candle closes below this level)
The price is nearing the entry zone at 591, and a confirmed breakout could signal a rally towards the target of 662.8. The stop loss is placed at 555.10, with a daily close below this level as the exit signal.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Zone: 591
Entry Price: Once a 15-minute candle breaks above 591, the high of that candle will confirm the entry.
Target: 662.8
Stop Loss: 555.10 (Stop loss will be triggered only if a daily candle closes below this level)
The price is nearing the entry zone at 591, and a confirmed breakout could signal a rally towards the target of 662.8. The stop loss is placed at 555.10, with a daily close below this level as the exit signal.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
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