AZAD ENGINEERIN TRADING IDEA!
📊 Analysis:
AZAD ENGINEERING is trading above key EMAs (20, 50, 200), indicating a strong uptrend.
The stock recently broke above a key resistance level of ₹1,850 with significant volume, confirming bullish momentum.
The price action suggests a continuation of the upward movement.
📈 Trading Plan:
Entry Point: ₹1,885 (after confirming a breakout with sustained volume).
Target 1 (T1): ₹1,950
Target 2 (T2): ₹2,050
Stop Loss (SL): ₹1,800
🛑 Risk-to-Reward Ratio: Approximately 1:2
AZAD ENGINEERING is trading above key EMAs (20, 50, 200), indicating a strong uptrend.
The stock recently broke above a key resistance level of ₹1,850 with significant volume, confirming bullish momentum.
The price action suggests a continuation of the upward movement.
📈 Trading Plan:
Entry Point: ₹1,885 (after confirming a breakout with sustained volume).
Target 1 (T1): ₹1,950
Target 2 (T2): ₹2,050
Stop Loss (SL): ₹1,800
🛑 Risk-to-Reward Ratio: Approximately 1:2
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