Long 
NFE CMP $31.17. Broke the channel with good volume but rejected at 200 EMA. Will take support at $30.71 [50 EMA price] Energy sector is hot and with earning expectation it may re-test $35 area[200 EMA]. Price target $35. Stop loss ~28-29.
NFE CMP $31.17. Broke the channel with good volume but rejected at 200 EMA. Will take support at $30.71 [50 EMA price] Energy sector is hot and with earning expectation it may re-test $35 area[200 EMA]. Price target $35. Stop loss ~28-29. Trade closed: stop reached
Failed breakout. Stop loss $25 reached
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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.