Deepak Nitrite, a leading chemical company known for its diverse product portfolio, is showing a promising setup for swing trading.
Reasons are listed below :
Target - 3000 // 3170
Stoploss - weekly close below 2440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Reasons are listed below :
- 2500 Support Zone: The price is resting on a well-tested support level around 2500, adding to the reliability of a potential bounce.
- Hammer Candle on Weekly Timeframe: The appearance of a hammer candle suggests a reversal could be on the horizon as buyers regain control.
- Golden Fibonacci Support: The current price aligns with a key Fibonacci retracement level, providing additional support.
- 50 EMA Support on Weekly Timeframe: The price holding above the 50 EMA is a sign of continued strength and underlying support.
- Trend Intact with Higher Highs and Higher Lows: The consistent formation of higher highs and higher lows reinforces a bullish trend.
Target - 3000 // 3170
Stoploss - weekly close below 2440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
交易开始
made a high of 5%+注释
trend is intact, hold!注释
you can accumulate at this level!注释
Stoploss is intact, hold!交易结束：到达止损
stoploss hit : -8%
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。