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ABDL: Bullish Setup Post-Breakout

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ABDL: Bullish Setup Post-Breakout 🔥📈

✅ Breakout Alert: Price broke out of a long consolidation range, signalling strong momentum.
✅ Retest Success: Retested the breakout zone (~₹373), confirming it as support.
✅ Bullish Pattern: Inverse Head & Shoulders confirmed, adding to the bullish outlook.
✅ Volume Pickup: Rising volume aligns with price action, indicating strong buying interest.
✅ Above Moving Averages: Price holds above key 50 & 200 DMAs, reinforcing the uptrend.

🎯 Key Levels:
Entry Zone: ₹395-396(Safe Players wait for a day close)
Target: ₹471-480 (Medium Term)
Stop Loss: ₹359 (Closing Basis)

💡 Risk/Reward:
Risk: ~9%
Reward: 38%-50%
📌 Note: This setup is for educational purposes only. Please do your due diligence before trading.
Dagangan aktif
6.8% move and staying in green in this bearish market.

Penafian

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