Observing a potential rebound from the bottom of Wave 4 on the hourly candle, POLYCAB shows promise in surpassing its previous swing high.
Trade Details:
Buy Call Initiated at CMP (Current Market Price): $5295
Stop Loss: $5190
Target: $5600
📊 Trade Rationale:
This buy call is based on the anticipation of a rebound, with the potential for POLYCAB to break its previous swing high. The technical analysis suggests a favorable risk-reward ratio.
⚖️ Risk Management:
A strategic stop loss at $5190 has been implemented to manage potential downside risks.
🎯 Target Range:
The target range is set at $5600, aligning with the anticipated upward movement in the stock.
📈 Trade Execution:
Execute the buy call with diligence, monitoring the market closely for any developments.
Happy Trading! 🌐💹
Trade Details:
Buy Call Initiated at CMP (Current Market Price): $5295
Stop Loss: $5190
Target: $5600
📊 Trade Rationale:
This buy call is based on the anticipation of a rebound, with the potential for POLYCAB to break its previous swing high. The technical analysis suggests a favorable risk-reward ratio.
⚖️ Risk Management:
A strategic stop loss at $5190 has been implemented to manage potential downside risks.
🎯 Target Range:
The target range is set at $5600, aligning with the anticipated upward movement in the stock.
📈 Trade Execution:
Execute the buy call with diligence, monitoring the market closely for any developments.
Happy Trading! 🌐💹
Dagangan ditutup: sasaran tercapai
Target Achived,Now Modifiy SL on every 100 points by 70 Points
Happy Trading
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.