GRAVITA INDIA LTDPembelian
Trading Idea: Gravita India Ltd (NSE)
📊 Pattern Formation:
Gravita India is forming an ascending triangle pattern on the daily chart, a bullish continuation setup.
The stock is consolidating above key EMAs (20, 50, and 200), indicating strong momentum.
💡 Entry Zone:
A breakout above the resistance at ₹2,260 could present a buying opportunity.
🎯 Target:
Upside potential target at ₹2,600, aligning with the triangle's breakout projection.
🛑 Stop Loss:
Set your stop-loss at ₹2,186, just below the lower trendline, to manage risk.
📈 Volume Confirmation:
Ensure higher volumes during the breakout to validate the move.
⚖️ Risk-to-Reward Ratio:
Attractive 2:1 risk-to-reward ratio, making it a favorable setup.
Gravita India is forming an ascending triangle pattern on the daily chart, a bullish continuation setup.
The stock is consolidating above key EMAs (20, 50, and 200), indicating strong momentum.
💡 Entry Zone:
A breakout above the resistance at ₹2,260 could present a buying opportunity.
🎯 Target:
Upside potential target at ₹2,600, aligning with the triangle's breakout projection.
🛑 Stop Loss:
Set your stop-loss at ₹2,186, just below the lower trendline, to manage risk.
📈 Volume Confirmation:
Ensure higher volumes during the breakout to validate the move.
⚖️ Risk-to-Reward Ratio:
Attractive 2:1 risk-to-reward ratio, making it a favorable setup.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.