SWING IDEA - INDIGO PAINTS
Zaktualizowano
Indigo Paints, known for its innovative product offerings in the Indian paint industry, is displaying promising technical indicators for a swing trade.
Reason are listed below :
Target - 1950 // 2250
Stoploss - weekly close below 1400
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
Reason are listed below :
- 1600-1650 Resistance Zone: This significant resistance level, tested multiple times, is now possibly ready for a breakout, suggesting upward momentum.
- Bullish Engulfing Candle on Weekly Timeframe: The strong bullish candle reinforces buyer interest and strength.
- Breaking 2.5+ Years of Consolidation: The stock is moving out of a prolonged consolidation phase, hinting at a potential long-term trend change.
- Trading Above 50 and 100 EMA on Weekly Timeframe: This indicates sustained bullish strength, with price action above critical moving averages.
Target - 1950 // 2250
Stoploss - weekly close below 1400
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
Zlecenie aktywne
hold!Uwaga
HOLD!Uwaga
bouncing back from support zone, hold!Uwaga
hold!
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