IRFC has shown a good move today after a healthy correction and looks set to resume its rally.
After a brief fall, it has consolidated above the 0.618 levels with a hint of bearish sentiment.
However, todays closing with good volumes makes it a good setup to go long with a good risk reward ratio.
Keeping 1 ATR as SL. I would avoid to keep any target in this trade because this stock is known to give big up moves quickly and would prefer to keep moving my TSL up if my view turns out right.
After a brief fall, it has consolidated above the 0.618 levels with a hint of bearish sentiment.
However, todays closing with good volumes makes it a good setup to go long with a good risk reward ratio.
Keeping 1 ATR as SL. I would avoid to keep any target in this trade because this stock is known to give big up moves quickly and would prefer to keep moving my TSL up if my view turns out right.
Dagangan ditutup: hentian tercapai
Apologies for the late update. Our SL has been triggered and view went wrong amid weak global cues
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.