360 ONE WAM LTD
Panjang

Type: Bullish Swing Timeframe: Daily

128
360ONE has just broken out above a key resistance near ₹1,050 with solid volume confirmation. The price is now trading firmly above the 20/50/100 EMA zones, suggesting a strong momentum continuation. RSI is trending upward without being overbought, indicating more upside potential.

This setup aligns with a bullish swing structure with a clean risk-to-reward ratio.

🎯 Trade Plan:

Entry Zone: ₹1,060–1,075

Target 1: ₹1,140

Target 2: ₹1,190

Stop Loss: ₹1,025

Risk–Reward: Up to 1:3

🧠 Notes:

Volume spike supports the breakout strength

Ideal for 3–7 trading sessions swing

Tight SL to reduce downside exposure

Trailing stop recommended above ₹1,100

🔁 Will update the chart if price reacts near the upper supply zones or if breakdown invalidates structure.

#swingtrade #360one #bullishsetup #nsetrading #breakout #momentumtrade #sniperentry


❌ CONS / RISKS:
High Valuation

P/E ~43, P/B ~11 — stock is trading at a premium, so any bad news could trigger a sharper correction.

Promoter Pledge Risk

Around 44.4% of promoter holding is pledged. This is a red flag for long-term stability.

Overextended Rally

It's already run up nearly 10–15% in the past few sessions — risk of pullback or short-term profit booking.

Thin Liquidity at Times

Not as actively traded as largecaps, so spikes in volatility or gaps are possible, especially near resistance zones.

Weak Broader Market = Weak Follow-Through

If Nifty or financial sector underperforms, this stock could fail to hold above ₹1,050 support.

🛑 So while this is a clean breakout, tight SL and trailing stop are a must.
Want me to create an alternate swing option with lower risk profile too?







Penafian

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