LOADS LONG TRADE LOADS was in WYCKOFF accumulation from July 2022 to April 2024; gave breakout and went into re-accumulation and gave breakout from that – Now it has retest the second breakout on axis line and rebound. It has posted a higher low and volumes support the upward move.
🚨 TECHNICAL BUY CALL – LOADS 🚨
🎯 BUY ZONE: Rs. 13.2-14.2
📈 TP1 : Rs. 17.7
📈 TP2 : Rs. 19.9
📈 TP3 : Rs. 24.4 (Longterm)
🛑 STOP LOSS: BELOW Rs 11.80 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.5
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.
