WAAREE ENERGIES - Bullish Momentum in ActionTrade Overview: The bullish setup is unfolding well with TP1 already achieved at 2955.75. Price action is showing strong signs of continuation toward the remaining targets.
Key Levels:
Entry: 2881.85
Stop Loss (SL): 2822.05
Take Profit Targets:
TP2: 3075.35
TP3: 3194.90
TP4: 3268.80
Technical Insight:
The price is trending above the 15-minute moving averages, with a GREEN signal from the Risological Indicator, confirming bullish intent. The breakout beyond TP1 suggests sustained upward pressure.
Traders should watch for any resistance near TP2.
Strategy Tip:
Trail stop loss to lock in profits as the price advances. A pullback toward the entry zone could offer an additional opportunity to strengthen long positions.
Stay tuned for further target hits as Waaree Energies powers through!
