Stock seems to have following the Trendline as given. There has been 4 touches so far on this trendline, indicating a strong Support formation.
If the stock continues to obey the trendline, it could revisit its Swing High again.
MACD Crossover also indicates a good bullish momentum.
While there us a Support formed at 4748 level, even our Trendline intersects at the same region in the coming weeks. So if you want a better entry, you can wait for a retest at the Trendline again and then take an entry based on your Risk Management.
If the stock continues to obey the trendline, it could revisit its Swing High again.
MACD Crossover also indicates a good bullish momentum.
While there us a Support formed at 4748 level, even our Trendline intersects at the same region in the coming weeks. So if you want a better entry, you can wait for a retest at the Trendline again and then take an entry based on your Risk Management.
Nota
Seems to be going as per track. 3% Profits done so far.Nota
Positive News: LTIMindtree Delivers 2.6% QoQ USD Revenue Growth in CC.Company also reported a bigger-than-expected rise in first-quarter revenue, snapping five straight quarters of slowing growth, aided by growth in its manufacturing and technology, media & communications (TMT) segments.
Also Q1 CONSOL NET PROFIT 11.35 BILLION RUPEES; IBES PROFIT EST. 11.64 BILLION RUPEES
Nota
Nota
Achieved Max Profits of 8% so far. Trade seems to be going exactly as expected.
Dagangan ditutup: sasaran tercapai
Trade Completed. Target Achieved.Total 16% Profits booked.
Time Taken = 10 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.
Kudos!!
Dagangan ditutup: sasaran tercapai
Achieved 18% Profits.Dagangan ditutup: sasaran tercapai
Achieved 21% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.
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.