LICHSGFIN | Simple Price Action Trendline Break 🎯

⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕

--Buy Above =395.10 or CMP
--Target = 486.70 | 573.10
--Stop-loss = 331.20
--Lot Size = 2000
--R:R = 2.79
--Expected Profit = 3,56,000₹ per lot (45 % )
--Expected Holding = 1-3 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Trendline & resistance Broken at the same time
2) volume is good as of now
3) Retracement could happen
4) Target is totally based on the resistance zone


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Comentário:

stock is planning to retest the support levels ...wait for the perfect entry

Trade fechado: objetivo atingido:

1st Target reached

bought @ 395
booked @ 486.70
pints earned =91
lot size = 2000
PROFIT booked per lot =1,82,000 ( 23.30% )

Safe traders can book full ....rest modify their Sl to cost