Deepak Fertilizers - Breakout Setup (Swing Trade)
Deepak Fertilizers has reached a critical zone, and a breakout appears to be forming. Here’s the trade plan:
Entry Zone: 1134
Entry Price: Once a 15-minute candle breaks above 1134, the high of that 15-minute candle will confirm the entry.
Target: 1492.8
Stop Loss: 954.60 (Valid only if a daily candle closes below this level)
This setup offers a favorable risk-to-reward ratio. The price is testing the entry zone, and a breakout above it could lead to a potential rally towards 1492.8. The stop loss is well-defined at 954.60, which is only triggered if a daily candle closes below it.
Disclaimer: This post is for educational purposes only and not financial advice. Always manage your risk and trade responsibly.
Entry Zone: 1134
Entry Price: Once a 15-minute candle breaks above 1134, the high of that 15-minute candle will confirm the entry.
Target: 1492.8
Stop Loss: 954.60 (Valid only if a daily candle closes below this level)
This setup offers a favorable risk-to-reward ratio. The price is testing the entry zone, and a breakout above it could lead to a potential rally towards 1492.8. The stop loss is well-defined at 954.60, which is only triggered if a daily candle closes below it.
Disclaimer: This post is for educational purposes only and not financial advice. Always manage your risk and trade responsibly.
Dagangan aktif
Order filled at 1148.70
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.