I am not a big fan of indicators but one indicator which I love to use is Ichimoku Cloud. I use it to assess the trend of a scrip and its immediate support and resistance. WABAG is giving a good risk reward setup now that it has retested it's previous resistance. I would be entering this scrip at CMP, and exit only if it closes below 270. My targets are 450,500.
I'm not SEBI registered. This analysis is purely for educational purpose. I am not responsible for your profit or loss.
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.