CHCC has been trading in Downtrend perfect channel since Dec 2024.
Downward Volume Gradient on down waves have been on higher side than up waves.
It has once again been rejected by Supply Zone at the top of the Channel.
This whole scenario makes CHCC High Probability Short Trade.
🚨 TECHNICAL SHORT-SELL/EXIT CALL – CHCC 🚨
🎯 SHORT-SELL/EXIT ZONE: Rs. 270-260
📈 TP1 : Rs. 250
📈 TP2 : Rs. 222
🛑 STOP LOSS: ABOVE Rs. 285 (Daily Close)
NOTE – Prices are of ready market
📊 RISK-REWARD: High Conviction | 1:3.3
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Downward Volume Gradient on down waves have been on higher side than up waves.
It has once again been rejected by Supply Zone at the top of the Channel.
This whole scenario makes CHCC High Probability Short Trade.
🚨 TECHNICAL SHORT-SELL/EXIT CALL – CHCC 🚨
🎯 SHORT-SELL/EXIT ZONE: Rs. 270-260
📈 TP1 : Rs. 250
📈 TP2 : Rs. 222
🛑 STOP LOSS: ABOVE Rs. 285 (Daily Close)
NOTE – Prices are of ready market
📊 RISK-REWARD: High Conviction | 1:3.3
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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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。