PARAGMILK : Stock Analysis
Updated
PARAGMILK declining
Weekly: its declining since many weeks and making LH LL pattern
Daily : Tried to go up but after forming double top its rejected and now trading near resistance zone. its trading in triangle pattern.
Hourly : Formed mother candle and now trading inside it. whenever break UP/Down side its good to enter trade.
Our daily zone is near 88-92 and can go till 126-130 if able to break up side. So best R:R.
Study at your end this is just my personal view and it can be wrong 100%
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Weekly: its declining since many weeks and making LH LL pattern
Daily : Tried to go up but after forming double top its rejected and now trading near resistance zone. its trading in triangle pattern.
Hourly : Formed mother candle and now trading inside it. whenever break UP/Down side its good to enter trade.
Our daily zone is near 88-92 and can go till 126-130 if able to break up side. So best R:R.
Study at your end this is just my personal view and it can be wrong 100%
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Note
Near resistance zone. CMP 105. watch carefully for Bullish candle. Follow Price actionsTrade closed manually
Not able to cross resistance zone and created bearish candle near resistance and go down. Trade not exucated hence closing manually
Disclaimer
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