SWING IDEA - CAPRI GLOBAL CAPITAL

Atualizado
Capri Global Capital, a prominent non-banking financial company (NBFC), is showing technical indicators that suggest a promising swing trading opportunity.

Reasons are listed below :
  • 200 Zone is a Strong Support Zone: The 200 level has been established as a strong support zone, providing a solid base for potential upward movement.
  • Bullish Engulfing on Daily Timeframe: The formation of a bullish engulfing candle on the daily chart indicates strong buying pressure and suggests potential for further upward movement.
  • Support at 50 EMA: The stock is finding support at the 50-day exponential moving average (EMA), reinforcing the bullish sentiment and providing a strong support level.
  • 0.618 Fibonacci Support: The stock is finding support at the 0.618 Fibonacci retracement level, a key area where prices often bounce back, indicating potential for an upward move.
  • Increase in Volumes: A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.


Target - 250 // 290
Stoploss - weekly close below 197

DISCLAIMER -

Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.

@visionary.growth.insights
Nota
bullish engulfing candle on weekly timeframe, HOLD!
Nota
cautious
Nota
hold!
Nota
if it closes below 197 tomorrow, exit!
Nota
respecting support level for now, hold!
Nota
bullish engulfing candle on weekly timeframe, hold!
Nota
hold!
Trade fechado: stop atingido
stoploss hit : -12%
capriglobalChart PatternsEquityindianstocksTechnical IndicatorslongsetupnbfcpriceactionanalysisStocksswingtradingTechnical AnalysisTrend Analysis

Aviso legal