eMudhra Ltd is showing a retest of a breakout level, confirming support at the previous resistance zone. The stock is trading above the key EMAs (20, 50, and 200), suggesting continued bullish momentum. 💡 Entry Zone:
A bounce from the current level (₹932) provides a buying opportunity. 🎯 Target:
Upside target around ₹1,001, based on the measured move from the breakout. 🛑 Stop Loss:
Stop-loss set at ₹912, below the key support zone, to minimize risk. 📈 Volume Confirmation:
Watch for rising volumes on the upward move to validate the setup. ⚖️ Risk-to-Reward Ratio:
This trade offers a favorable 3:1 risk-to-reward ratio.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.