The stock price has been moving in a parallel channel in recent weeks. Can expect it to come to the lower side now. Also, a retest of the breakout at 10k levels seems due.
Other indicative actions are mentioned on the charts.
Risk-reward is good according to the setup.
Only for learning and understanding purposes, not a it of trading advice in any form.
All the best.
Other indicative actions are mentioned on the charts.
Risk-reward is good according to the setup.
Only for learning and understanding purposes, not a it of trading advice in any form.
All the best.
Commento:
The setup worked well. In intraday itself, the price dropped to 10260. keep watching.
Trade attivo:
The momentum continues. Currently 10227. keep tracking.