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WABAG

WABAG - Retest+Reversal, Ascending Channel, Bull Pennant - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. SL can be kept either below 335 (for risk taking traders) and below 306 (for safe traders) The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis. Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
NSE:WABAGLong
by AdityaKarn90
WABAG ::: BULLISHinstrument: WABAG Time frame: Week CMP: 112.70 Buy above: 112.50 SL: 106. Target 01: 151.70 Target 02: 178 My View DAY TIME FRAME Even though WABAG is now moving in sideways for 3 consecutive days and Stochastics giving bearish sentiment PSAR is still bullish. My view WEEK TIME FRAME: Both Stochastics and PSAR are bullish it has just come out of the rangebound scenario. So expecting it to become bullish. RISK DISCLOSURE: Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
NSE:WABAGLong
by ajithchand-bhandaari