✅ Trade Plan:
Stock gave a bullish breakout with a large green candle & volume spike
RSI crossed 60 level – bullish strength confirmed
Price broke above short-term resistance zone at ₹407 and nearing ₹425
💰 Buy Zone:
Entry Range: ₹418 – ₹422 (on 15min or 1H candle close above ₹420)
🎯 Targets:
T1: ₹425.05 (Immediate resistance)
T2: ₹444.35 (Previous swing high)
T3: ₹485.75 (Gap fill zone and 200 EMA resistance zone)
🛑 Stop Loss:
Intraday SL: ₹407.20 (below support zone and previous candle low)
Swing SL: ₹400 (for positional trade)
🔁 Strategy:
Scalp at ₹425 with 30–40% booking
Hold rest for breakout continuation toward ₹444+
Trail SL to ₹415 once above ₹425
For Education Purposes Only
Stock gave a bullish breakout with a large green candle & volume spike
RSI crossed 60 level – bullish strength confirmed
Price broke above short-term resistance zone at ₹407 and nearing ₹425
💰 Buy Zone:
Entry Range: ₹418 – ₹422 (on 15min or 1H candle close above ₹420)
🎯 Targets:
T1: ₹425.05 (Immediate resistance)
T2: ₹444.35 (Previous swing high)
T3: ₹485.75 (Gap fill zone and 200 EMA resistance zone)
🛑 Stop Loss:
Intraday SL: ₹407.20 (below support zone and previous candle low)
Swing SL: ₹400 (for positional trade)
🔁 Strategy:
Scalp at ₹425 with 30–40% booking
Hold rest for breakout continuation toward ₹444+
Trail SL to ₹415 once above ₹425
For Education Purposes Only
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.