Shree cement-Inside bar-Swing Trade-W Pattern successful break?
Updated
09.07.2024
Buy- 27790
Target- 29897
Stop Loss- 26752
Risk Reward- 1:2
1. Inside bar about to Break in Day TF.
2. Perfect W Pattern with Retracement
3. Multiple Rejections of FVG in Day & Week TF
4. Previous Resistance converted to Support
and created double bottom at same level.
5. Price rejected at 0.382 Fibonacci
6. Rejection at 21 EMA & price above 50 EMA
SHREECEM Trade active
Good comeback after a fall. This indicates stock is potential towards bullish.Trade active
Trade closed: stop reached
Couldn't break the previous resistance and then due to breakdown, stoploss reached 
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.