SAIL - Reversal pattern in action!
Monthly Time Frame:
Overview & Observation:
1. CHange in price structure from LL-LH to HH-HL
2. Good volume support
3. Bouncing from weekly demand and fib support zone.
4. Expected to continue to move higher.
5. Earnings are weak though!
Trade Plan:
1. Entry = cmp 154
2. Stop Loss = 10-12%
3. Target = 40%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Overview & Observation:
1. CHange in price structure from LL-LH to HH-HL
2. Good volume support
3. Bouncing from weekly demand and fib support zone.
4. Expected to continue to move higher.
5. Earnings are weak though!
Trade Plan:
1. Entry = cmp 154
2. Stop Loss = 10-12%
3. Target = 40%
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Pubblicazioni correlate
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.