WONDER ELECTRICALS LTD
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WEL- Base breakout! Looks good positionally...

245

  • WEL Broke out of a Base
  • Volume is improving
  • RSI indicates strength
  • Trading above Key DMAs
  • Resilient to the market correction and did not correct that much


  1. Entry: 184.5
  2. SL: 145-Closing basis
  3. Positional Target: 261
  4. RR: 1:1.85


⚠️The market is currently bearish, and these trades go against the prevailing trend. Exercise caution, focus on proper position sizing, and trade lightly to manage risk effectively. Past performance does not guarantee future results. Always consult a financial advisor before making any trading decisions.

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