Clarification of setup
1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup.
2. divergence has occurred between price and RSI , indicating short term bullish pattern .
3 entry, t1 and t2 has been marked in chart.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup.
2. divergence has occurred between price and RSI , indicating short term bullish pattern .
3 entry, t1 and t2 has been marked in chart.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Nota
First Target achieved. Go for second target with Trailing stop loss.Operación cerrada: objetivo alcanzado
Target Achieved, closing the setup. Good returns in short term. However stock can move up, but further analysis not done.
Hardeep S Singh Sethi
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Hardeep S Singh Sethi
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.