Good 60 min demand ,
No good Supply as a hurdle in the Stocks Upward Journey,
On 240min Time frame stock is in UP Trend.
Daily Supply is far away .
a Clean 1:7 RR Setup.
Happy Trading.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a through research and Analysis a setup can fail due to any opposing News on that stock or on its Index and Market Volatility.
Hence ,kindly Take Position as per your Risk Management.