WONDER ELECTRICALS LTDPanjang
About to breakout swing trading!!
🔍 Key Observation:
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
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.