Possible scenario for Emsteel provided doesn't close below1.26
There might be possibility that Emsteel reaches the area near the green lines so it can be suitable to take two quantities around the two green lines and sell them if the price reaches 1.36 with average profit for both quantities around 5%
The scenario fails once the price closes below the (stop loss) red line 1.26
The scenario fails once the price closes below the (stop loss) red line 1.26
Trade closed: target reached
Target reached on 16 July 2024
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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.
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.