Hello Everyone, I hope you all are doing well in life and in trading!
Today I’ve brought a fresh swing trading opportunity in IIFL Finance, where the stock has taken support from the 200-EMA and is formed a bullish Piercing Line pattern.
After a strong uptrend, the stock corrected and has now taken trendline support (from channel base) along with the 200-day EMA confluence, a high-probability reversal zone. A clear bullish candle indicates a potential bounce from here.
The best part? The stock still offers a great risk-reward with defined entry, stop-loss, and 3 possible targets. Please refer to the chart for full trade setup details.
This setup is purely based on price action, moving average confluence, and support zone behavior.
If you are a swing or positional trader, this setup is worth keeping on your radar!
If you found this helpful, don’t forget to LIKE & FOLLOW for more such clean technical ideas.
Disclaimer: This idea is for educational purposes only. Always do your own research before taking trades.
Today I’ve brought a fresh swing trading opportunity in IIFL Finance, where the stock has taken support from the 200-EMA and is formed a bullish Piercing Line pattern.
After a strong uptrend, the stock corrected and has now taken trendline support (from channel base) along with the 200-day EMA confluence, a high-probability reversal zone. A clear bullish candle indicates a potential bounce from here.
The best part? The stock still offers a great risk-reward with defined entry, stop-loss, and 3 possible targets. Please refer to the chart for full trade setup details.
This setup is purely based on price action, moving average confluence, and support zone behavior.
If you are a swing or positional trader, this setup is worth keeping on your radar!
If you found this helpful, don’t forget to LIKE & FOLLOW for more such clean technical ideas.
Disclaimer: This idea is for educational purposes only. Always do your own research before taking trades.
Rahul Pal (TV, Moderator)
Telegram: spf.bio/c1lkb
Site: realbullstrading.com
77% Accuracy Signals: wa.me/919560602464
Recommended Broker 👉 tinyurl.com/tradewithrahul
(Open & get my Option Writing & swing Guide–FREE)
Telegram: spf.bio/c1lkb
Site: realbullstrading.com
77% Accuracy Signals: wa.me/919560602464
Recommended Broker 👉 tinyurl.com/tradewithrahul
(Open & get my Option Writing & swing Guide–FREE)
Penerbitan berkaitan
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.
Rahul Pal (TV, Moderator)
Telegram: spf.bio/c1lkb
Site: realbullstrading.com
77% Accuracy Signals: wa.me/919560602464
Recommended Broker 👉 tinyurl.com/tradewithrahul
(Open & get my Option Writing & swing Guide–FREE)
Telegram: spf.bio/c1lkb
Site: realbullstrading.com
77% Accuracy Signals: wa.me/919560602464
Recommended Broker 👉 tinyurl.com/tradewithrahul
(Open & get my Option Writing & swing Guide–FREE)
Penerbitan berkaitan
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.