CMP 1305 on 02.05.25
In the last 2 months, the stock price has increased by around 30%. This time forming a double top-like pattern. If the price is rejected from these levels, a bearish move may come ahead.
If the price remains below the 1300 levels, targets of 1245/1210 and 1165 may be seen.
One should wait for the confirmation for a short setup, while considering risk management.
The setup fails if the price sustains above 1330.
All these illustrations are only for learning and sharing purposes, not a trading recommendation. It is only for paper trading.
All the best.
In the last 2 months, the stock price has increased by around 30%. This time forming a double top-like pattern. If the price is rejected from these levels, a bearish move may come ahead.
If the price remains below the 1300 levels, targets of 1245/1210 and 1165 may be seen.
One should wait for the confirmation for a short setup, while considering risk management.
The setup fails if the price sustains above 1330.
All these illustrations are only for learning and sharing purposes, not a trading recommendation. It is only for paper trading.
All the best.
Trade aktif
Reached near the first target of 1245. Made low of 1248.60 yesterday.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.