Hello guys sharing weekly chart of NHPC as you can see that price is trading in a Rising channel and following all the things needed for continuation of uptrend like Higher high And Lower low and now giving a breakout on horizontal resistance in channel so according to the previous trend I am taking a target to the upper line of channel as price is doing like this taking resistance there so it is looking a Good risk to reward trade for me sharing the levels below.
Target and Stop Loss
You Cannot Learn, Without Making Mistakes.
KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
Price reached to all time high, now it is a breakout too if sustained above 46.30
Zlecenie aktywne
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PRICE GIVES A ALL TIME HIGH BREAKOUT LAST WEEK, REACHED 51 LEVELS TODAY NEAR TO MEASURED TARGET OF 53 GAINED 12% SO FAR, NOW I WILL TRAIL STOP TO COST.
Transakcja zamkniΔta: osiΔ gniΔto wyznaczony cel
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Target complete mates, Reached to mention target of 53.30 from 45.65 gained 16% as my target. follow for more ideas like this. Cheers!