Learn how to identify a reversal stock for positional trade!
The stock has fully retraced after the Flag breakout in May'2021.
Now it has taken support multiple times on the lower trendline and the strong support zone .
RSI is also making higher lows showing bullish nature (trend reversal possible)
If the stock breaks the resistance zone (860 level) with volume and gives us a day closing above it we can expect 10-20% returns positionally. Targets mentioned on the chart.
Intraday - buy above 860 but positionally strictly when the daily candle closes above that level. Time frame can be 1-2 months depending on the volumes.
Learn & Earn,
Dr . Tanya Kumar
Now it has taken support multiple times on the lower trendline and the strong support zone .
RSI is also making higher lows showing bullish nature (trend reversal possible)
If the stock breaks the resistance zone (860 level) with volume and gives us a day closing above it we can expect 10-20% returns positionally. Targets mentioned on the chart.
Intraday - buy above 860 but positionally strictly when the daily candle closes above that level. Time frame can be 1-2 months depending on the volumes.
Learn & Earn,
Dr . Tanya Kumar
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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。