SWING IDEA - SHEELA FOAM

6일 전

Sheela Foam, a key player in the Indian mattress and foam market, presents a potential swing trading setup.

Reasons are listed below :

• 800-850 Support Zone: This strong support level is holding, indicating possible resistance to further downside.
  
• Bullish Hammer Candle on Weekly Timeframe: This pattern suggests a reversal of bearish momentum and renewed buying interest.
  
• Gradual Rise in Volumes: Increasing volumes support the potential for a sustained upward move, reflecting growing investor interest.
  

Target - 1060 // 1290
Stoploss - weekly close below 780


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@visionary.growth.insights

5시간 전

액티브 트레이드

you can add up some quantity