Buy at CMP
STOPLOSS: 212
RATIONALE: It has formed a rounding bottom pattern on weekly chart, over 2 years and broken out above the neckline in Jul-21. Tested the resistance at around 318 and has pulled back to the breakout level and confirmed the reversal on 03-Sep-2021 with a bullish candle. Seems a good positional buy for a long run up.
NOTE: THE ABOVE IS FOR EDUCATIONAL PURPOSES ONLY. ANY INVESTMENT/TRADING DECISION SHOULD BE BASED ON YOUR OWN ANALYSIS.
STOPLOSS: 212
RATIONALE: It has formed a rounding bottom pattern on weekly chart, over 2 years and broken out above the neckline in Jul-21. Tested the resistance at around 318 and has pulled back to the breakout level and confirmed the reversal on 03-Sep-2021 with a bullish candle. Seems a good positional buy for a long run up.
NOTE: THE ABOVE IS FOR EDUCATIONAL PURPOSES ONLY. ANY INVESTMENT/TRADING DECISION SHOULD BE BASED ON YOUR OWN ANALYSIS.
Dagangan ditutup secara manual
The breakout had failed and went into consolidation/bear trend for almost 3 years. Now again it has broken out and showing CIP. Can be a good positional long.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.