š° Hello my friends, here is the story I see behind this stock:
ā(Covids low - near time high )-FIBO made and saw that the stock retraced exactly 50%
āThe white line u guys see is the fibo retracements, the stock also broke its 2nd last retracement imp lvl
āD chart as time frame and trade is positional basis :)
āAscending Triangle consolidation at such good lvls + Breakout with volume and Power candle= Possible upmove
āRisk: 6% Risk and 12% target from today's closing :)
š°Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time
š° {Some info}
ā¼My name is Apoorv and I am a 2nd year ELE student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
ā¼I hope you will love my simple analysis style.
ā¼Feel free to suggest your view on this as learning is earning here :)
ā¼I take my trades on my Zerodha account :)
ā¼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<<Thank You Have a Nice Trading Day>>>>>>
ā(Covids low - near time high )-FIBO made and saw that the stock retraced exactly 50%
āThe white line u guys see is the fibo retracements, the stock also broke its 2nd last retracement imp lvl
āD chart as time frame and trade is positional basis :)
āAscending Triangle consolidation at such good lvls + Breakout with volume and Power candle= Possible upmove
āRisk: 6% Risk and 12% target from today's closing :)
š°Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time
š° {Some info}
ā¼My name is Apoorv and I am a 2nd year ELE student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
ā¼I hope you will love my simple analysis style.
ā¼Feel free to suggest your view on this as learning is earning here :)
ā¼I take my trades on my Zerodha account :)
ā¼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<<Thank You Have a Nice Trading Day>>>>>>
TELEGRAM link ( More charts and alerts of all stocks ) - t.me/hashtaghammer