ENGINEERS INDIA (1D TF) - Swing Trade Analysis given on 29th April, 2024
Pattern: ASCENDING TRIANGLE - Volume Buildup at Resistance - Done ✓ - Daily Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress
* Disclaimer
交易开始
ENGINEERS INDIA Update (as on 15th May, 2024)
✓ 10% Up in 8 Trading Sessions
- Taken an entry when it retested our demand zone - But due to overall market conditions, the stock fell past our trendline - Manipulation happened at the trendline with a false breakdown - Held through cause volumes started building up with the hammer candle - On the 14th of May, there was Strong pullback with volumes - First Target Level Achieved
* Disclaimer
交易开始
ENGINEERS INDIA Update (as on 23rd May, 2024)
✓ 23% in 13 Trading Sessions
- Both Target Levels Achieved - Strong Volumes Buildup - Breakout on a Weekly Time Frame as well - TSL is on