INFOBEAN trade ideas
INFOBEANHi guys,
In this chart i Found a Demand Zone in INFOBEAN CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
INFOBEANHi guys, In this chart i Found a Demand Zone in INFOBEAN CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
INFOBEANS TECHNOLOGIES 1:4 RR🎯1000NSE:INFOBEAN broke out from an ascending triangle (cup and handle) consolidation pattern and gave a retest after a very bullish uptrend, suggesting a trend continuation.
Breakout volumes are very high, hitting fresh all time highs.
One can enter entire position after price crosses and sustains the psychological 600 levels and hold for 1000 targets.
Shown setup is a Positional Trade. Holding period is anywhere between 1 month to 6 months.
Targets: 650/800/950/1000+
Place a deep sl for this trade below 440 levels.
High risk, high reward, high probability trade.
Script also has good fundamentals, and continues to have demand when the markets are selling off.
Position size accordingly. Gut feeling says this trade is a good bet.
HAPPY TRADING!
InfoBean Technologies IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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