BPL looking good for an upside of 43% from CMP
Hi Everyone,
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
-------------
CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
-------------
CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
交易結束：達到停損點
Stop Loss Triggered. Trade Closed
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。