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!
Waareerenewables
WAAREE Short Trade Targets in Play, Massive Drop to 1571!WAAREE (15m time frame), Short Trade
Entry: ₹1,763.00
Current Price: ₹1,571.00
All Targets Done!
Key Levels:
Entry: ₹1,763.00 – After confirming a strong bearish signal, short entry was executed.
Stop-Loss (SL): ₹1,767.60 – Placed above key resistance to protect against potential reversals.
Take Profit 1 (TP1): ₹1,757.30 – First target triggered, confirming downward movement.
Take Profit 2 (TP2): ₹1,748.10 – Critical support level broken.
Take Profit 3 (TP3): ₹1,738.90 – More aggressive downside level confirmed
Take Profit 4 (TP4): ₹1,733.25 – Final target hit for deep correction in this trend.
Trend Analysis:
WAAREE’s price continues to plunge after a decisive break below multiple support levels, confirming strong selling pressure. With the current price at ₹1,571, this trade has captured a significant move, with further downside potential still in play.