Oberoi Reality Bullish Breakout and Retest
BULLISH BREAKOUT AND RETEST
See the price action.
Price broke out of the September 2022 all time high, went above and today retested the broken resistance as new support.
Although, today's candle is red but it is a bullish candle.
Colour of candle does not matter as much as the psychology behind that candle matters.
So, I am bullish on the stock.
Entry can be initiated above the current highs with stop loss below 1065.
Keep booking your profits and trail your stop losses.
See the price action.
Price broke out of the September 2022 all time high, went above and today retested the broken resistance as new support.
Although, today's candle is red but it is a bullish candle.
Colour of candle does not matter as much as the psychology behind that candle matters.
So, I am bullish on the stock.
Entry can be initiated above the current highs with stop loss below 1065.
Keep booking your profits and trail your stop losses.
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.