CMP 4177 on 31.03.25
The stock has shown a 40% rise in the recent month. This time may face resistance as shown on the chart (the red trendline).
If the price is rejected from these levels, a downside move can be seen ahead. That can push the price down to the levels of 3950/3750 and 3550.
The setup fails if the price sustains above 4320 levels.
The strategy may be coupled with some hedging options for a wide coverage.
All these illustrations are only for learning and sharing purposes, for paper trading. They are not trading recommendations in any way.
All the best.
The stock has shown a 40% rise in the recent month. This time may face resistance as shown on the chart (the red trendline).
If the price is rejected from these levels, a downside move can be seen ahead. That can push the price down to the levels of 3950/3750 and 3550.
The setup fails if the price sustains above 4320 levels.
The strategy may be coupled with some hedging options for a wide coverage.
All these illustrations are only for learning and sharing purposes, for paper trading. They are not trading recommendations in any way.
All the best.
Trade aktif
Crossed the first target of 3950 today morning on 07.04.25
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.