NURECA LTDLargo
NURECA - Swing Trade Setup Formed
Nureca Ltd displays a bullish stair-step pattern with multiple consolidations followed by breakouts. Each consolidation is marked by a decrease in volume, indicating reduced selling pressure, and is followed by a sharp price surge of 15-17% on increased volume.
Key Points:
Consolidation & Breakout: The chart highlights three distinct consolidation phases, each followed by a breakout with strong bullish momentum.
Volume Analysis: During consolidation, volume decreases, suggesting that sellers are losing strength. Volume spikes on breakout days validate the upward movement, indicating strong buying interest.
Entry & Stop-Loss:
Entry: Above ₹374
Stop-Loss: Below the support zone of the consolidation, at around ₹357-₹358.
Target: The immediate target is set at ₹400, representing a potential 15% gain from the entry level.
Key Points:
Consolidation & Breakout: The chart highlights three distinct consolidation phases, each followed by a breakout with strong bullish momentum.
Volume Analysis: During consolidation, volume decreases, suggesting that sellers are losing strength. Volume spikes on breakout days validate the upward movement, indicating strong buying interest.
Entry & Stop-Loss:
Entry: Above ₹374
Stop-Loss: Below the support zone of the consolidation, at around ₹357-₹358.
Target: The immediate target is set at ₹400, representing a potential 15% gain from the entry level.
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.
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.