Stock of Relaxo share is in side ways moment since some time & now approaching towards resist.level. Also stock is forming the ATP pattern which is again the bullish sign. RSI is in middle range. Long entry can be taken after the BO of TL of Resist level above the price of 635 for the next target level of 665 with the SL of 621. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...
Trade ativo
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High 643
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High 648
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650