Scrip name- HCLTECH
Position - Bearish
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Technicals-
1. Forming a hypothetical HNS pattern
2. Strong resistance at the marked zone
3. Volume explanation on the chart. Although, this is not the exact textbook example, but who wants that anyway!
4. My little understanding towards market structure and price action.
Do understand, many times the scrip goes deep into the marked zone, so if bounces, look for selling opportunity in the zone or if crosses above the zone, do not go short and neither go long.
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Targets-
TP1 - 903
TP2- 880
TP3 - 854
TP4 - 827
------------------------
Also, please understand the entry and exit you have to find yourself according to your strategy.
Maintain 1:3 RR minimum with target 1.
If you like my efforts and ideas, do give a like and comment to motivate me.
Regards
Position - Bearish
```````````````````
Technicals-
1. Forming a hypothetical HNS pattern
2. Strong resistance at the marked zone
3. Volume explanation on the chart. Although, this is not the exact textbook example, but who wants that anyway!
4. My little understanding towards market structure and price action.
Do understand, many times the scrip goes deep into the marked zone, so if bounces, look for selling opportunity in the zone or if crosses above the zone, do not go short and neither go long.
--------------------------
Targets-
TP1 - 903
TP2- 880
TP3 - 854
TP4 - 827
------------------------
Also, please understand the entry and exit you have to find yourself according to your strategy.
Maintain 1:3 RR minimum with target 1.
If you like my efforts and ideas, do give a like and comment to motivate me.
Regards
Pesanan dibatalkan
Bounced and crossed the mark, will look for some other time
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.