DLF 16.08.2024
Buy 870
Target 934
StopLoss 826
RiskReward- 1:1.5
1. Inside bar breakout in weekly & daily TF
2. After very good uptrend price is under consolidation from last 4 months.
Today very good breakout found with very good volumes
3. Found decreased volumes in last few sessions
4. Rejection from 200 EMA and price crossed above 21 & 50 EMA
5. RSI indicates bullish view
6. Price rejected from strong key level
Trade closed: stop reached
Stop loss!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.