Positional or Longterm Opportunity in Balaji Amines

2024년 8월 4일

Go Long @ 2448.1 for Targets of 2686.05, 3160.5, and 3551 with SL 2284.45

Reasons to go Long :

1. On weekly timeframe stock gave Trendline breakout (marked with red color).

2. If we draw Fibonacci retracement from the recent swing low to the swing high then the stock took support from the 0.618 Fibonacci level.

3. In addition to this, the stock formed a Bullish Engulfing pattern around 0.618 Fibonacci level.

2024년 8월 7일

주문취소됨

SL Hit before triggering our Buy price.