Shriram trans. arriving to its support zone
Actualizado
Many people ask me how to find a crucial support area now this it a perfect example of it , It is not an recommendation It is just an observation.
If you see here the zone of 1250 to 1260 is a crucial support zone which is tested for more than four times.
The overall trend of this stack looks sideways.
This is a perfect scene if you find and trade a reversal trade at support zone.
This is the way you should shortlist your stocks for playing reversals.
In earlier Idea of this stock (Check Out in comments) I want to play a major consolidation breakout but now it is better to find a reversal setup.
( Remember I am not telling you to buy this share , as no buying setup is there It is just for those people who want me to explain how I shortlist a stock and make a view on it before finding any buy sell setup)
If you see here the zone of 1250 to 1260 is a crucial support zone which is tested for more than four times.
The overall trend of this stack looks sideways.
This is a perfect scene if you find and trade a reversal trade at support zone.
This is the way you should shortlist your stocks for playing reversals.
In earlier Idea of this stock (Check Out in comments) I want to play a major consolidation breakout but now it is better to find a reversal setup.
( Remember I am not telling you to buy this share , as no buying setup is there It is just for those people who want me to explain how I shortlist a stock and make a view on it before finding any buy sell setup)
Nota
Nota
support zone breachedNota
Subscribe to my youtube channel for learning more interesting things.
Publicaciones relacionadas
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.