TRIPF LONG TRADETRIPF was previously in downtrend till May 2024, then went into Wyckoff Accumulation phase till Nov 2024. It broke out of this Re-Accumulation Phase with assertive Volume Gradient. It also retested the Breakout at the OB causing the Breakout. It also plotted a HL. With all above aspects factored in, we foresee an impending up move.
🚨 TECHNICAL BUY CALL – TRIPF🚨
🎯 BUY ZONE: Rs. 120-130
📈 TP : Rs. 158
🛑 STOP LOSS: BELOW Rs. 110 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.54
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
