Shriram Finance-Bullish Swing- Chance of breakout!!
Updated
https://www.tradingview.com/x/N9l5XSPx/
SHRIRAMFIN
01.08.2024
Buy 2987
Target 3137
Stop Loss 2837
Risk :Reward- 1:1
1. Inside bar breakout
2. Very good retracement after consolidation breakout.
3. Resistance turned to support zone
at 0.382 Fibonacci
4. Reducing volumes in bearish candles and
good volumes in breakout candle
5. Price failed to reach support after creating double top
SHRIRAMFIN 01.08.2024
Buy 2987
Target 3137
Stop Loss 2837
Risk :Reward- 1:1
1. Inside bar breakout
2. Very good retracement after consolidation breakout.
3. Resistance turned to support zone
at 0.382 Fibonacci
4. Reducing volumes in bearish candles and
good volumes in breakout candle
5. Price failed to reach support after creating double top
Trade closed: stop reached
Stop loss reached. Market tension and global cuesTrade closed: target reached
Target has achieved now
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