🔰 Hello my friends, here is the story I see behind this stock:
⭐(Covids low - near time high )-FIBO made and saw that the stock retraced exactly 50%
⭐The white line u guys see is the fibo retracements, the stock also broke its 2nd last retracement imp lvl
⭐D chart as time frame and trade is positional basis :)
⭐Ascending Triangle consolidation at such good lvls + Breakout with volume and Power candle= Possible upmove
⭐Risk: 6% Risk and 12% target from today's closing :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year ELE student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<<Thank You Have a Nice Trading Day>>>>>>
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