EQUITAS SMALL FIN BANK - Picture perfect 'W' setup w/ 40% upside

Overview & Observation:

1. Double-bottom formations.
2. Moving with W Demand.
3. EMAs support taken confirming the up trend momentum.
4. RRR is favourable

Trade Plan:

1. Entry = Marked blue line
2. SL = 6-7% Marked red line
3. TP = 40% Marked green line

- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray
Chart PatternsdemandandsupplyzonesDouble BottomEQUITASBNKmomentumstrategymoving_averagesupply_and_demandswingtradeTrend Analysis

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