Reasons for bullish bias:
- Price is at horizontal support plus trendline
- Positive earnings
- Strong bullish candle closing
Here are the recommended trading levels:
Entry Level(CMP): 1509.80
Stop Loss Level: 1298.24
Take Profit Level 1: 1509.80
Take Profit Level 2: Open
Note: It is a slightly risky trade, if the price forms some more bullish candles it might add weightage to the bull's side.
- Price is at horizontal support plus trendline
- Positive earnings
- Strong bullish candle closing
Here are the recommended trading levels:
Entry Level(CMP): 1509.80
Stop Loss Level: 1298.24
Take Profit Level 1: 1509.80
Take Profit Level 2: Open
Note: It is a slightly risky trade, if the price forms some more bullish candles it might add weightage to the bull's side.
Trade active
TP1 hit
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.
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.