NRL was in Wyckoff accumulation. After making Automatic Rally,I t made a spring from the channel bottom. Additionally, it is narrowing at the apex of its triangle. Its reversal is confirmed as it:
1. Crossed above 1D 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – NRL🚨
🎯 BUY ZONE: Rs. 220-240 (BUY AFTER PULLBACK)
📈 TP1 : Rs. 302
📈 TP2 : Rs. 383
🛑 STOP LOSS: BELOW Rs. 182 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:10
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
1. Crossed above 1D 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – NRL🚨
🎯 BUY ZONE: Rs. 220-240 (BUY AFTER PULLBACK)
📈 TP1 : Rs. 302
📈 TP2 : Rs. 383
🛑 STOP LOSS: BELOW Rs. 182 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:10
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
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.