AZO potential Buy setup
Updated
Reasons for bullish bias:
- Price bounce from channel support
- Weekly hammer candle at support
- Price bounced from horizontal support
- No divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 2817.00
Stop Loss Level: 2702.50
Take Profit Level 1: 2985.48
Take Profit Level 2: 3177.38
Take Profit Level 3: Open
- Price bounce from channel support
- Weekly hammer candle at support
- Price bounced from horizontal support
- No divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 2817.00
Stop Loss Level: 2702.50
Take Profit Level 1: 2985.48
Take Profit Level 2: 3177.38
Take Profit Level 3: Open
Trade active
TP1 hitNote
Price is back at channel support, RSI is also synced with price.Trade active
TP2 hit!
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