CYAN LONG TRADECYAN was in downtrend since Aug 2021 till June 2023. Following that, it started trending in upward channel and recently it took support from its weekly FVG and rebounded. This is a different trade; it has to be accumulated in buying zone.
🚨 TECHNICAL BUY CALL – CYAN 🚨
🎯 ACCUMULATE - Rs. 26.5-29.5
📈 TP1 : Rs. 34.8
📈 TP1 : Rs. 39.8
🛑 STOP LOSS: BELOW Rs. 22 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.8
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
