Max Financial - Low Risk Setup
CMP 1032 on 20.02.25
It is clear from the chart that the stock price has been rising in a parallel channel in recent sessions. Right now it is at the bottom of the channel.
If gives a bounceback, may go into a bullish phase again.
The risk-reward ratio seems good at the moment.
The setup remains active when the price sustains inside the parallel channel.
Plz keep the position size according to the risk management.
All the above illustration is my own view. Shared only for learning purposes. It is not a trading recommendation in any form.
All the best.
It is clear from the chart that the stock price has been rising in a parallel channel in recent sessions. Right now it is at the bottom of the channel.
If gives a bounceback, may go into a bullish phase again.
The risk-reward ratio seems good at the moment.
The setup remains active when the price sustains inside the parallel channel.
Plz keep the position size according to the risk management.
All the above illustration is my own view. Shared only for learning purposes. It is not a trading recommendation in any form.
All the best.
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