Daily Chart #RITES NSE: RITES Short Term Quick Profit CMP 264.65 Target 1: 272.65 Target 2: 283 SL : 251 Timeframe < 30 Days Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high!
Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Trade fechado: objetivo atingido
First Target 272 breached! Price sustained above it! Next target coming soon!
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.