롱

ANGLEONE LTD - Expecting strong bounce back!

업데이트됨

Price analysis & Overview:

1. Price has taken support from an important fib level.
2. Voumes are good.
3. Earnings are super.
4. RRR is attractive
5. Overall sentiment is weak so, the trade can be risky but since RRR is good it is worth the risk.
6. reversal pattern in DTF.

Trade Plan:

1. Entry: 2310 Closing basis
2. SL: 10-12%
3. TP - 1:2,1:3,1:4,1:5

- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!

Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray

노트

Good rejection candle and double bottom type formation on hourly. We need to see how it plays out in the current overall market volatile situations.