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CHENNAI PETRO - Swing Trade Analysis - 11th July #stocks

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CHENNAI PETRO (1D TF) - Swing Trade Analysis given on 11th July, 2024

Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a Small SL and a better RR) - In Progress

Please Note:
- Since the market is at a precarious spot at its levels, we need to be careful & mindful with our entries and position sizing
- Always work in probabilities and always keep your SL in play constantly

* Disclaimer
Operación activa
CHENNAI PETRO Update (as on 16th July, 2024)

✓ 20% Up in 4 Trading Sessions

- Target Level Achieved with Strong Breakout Volumes
- It's given us double our target level
- Closed out this trade completely

* Disclaimer

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