Swing Opportunity in Jindal Steel
已更新
Go Long @ 932.05 for Targets of 958.1, 996.5, and 1020 with SL 906
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which supports the stock.
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which supports the stock.
交易進行
Entry triggered on 19th Aug 2024註釋
Target 1 Achieved交易結束：目標達成
All targets achieved
免責聲明
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