MACD crossover is in play in weekly charts indicating a good move upward. Once the crossover is success, the stock can start its rally.
Currently the stock is getting rejected from the 165 levels and forming a Resistance. Once the stock crosses this level after the MACD Crossover, it can start going upward faster.
Currently the stock is getting rejected from the 165 levels and forming a Resistance. Once the stock crosses this level after the MACD Crossover, it can start going upward faster.
Trade active
Note
Stock is locked in 20% Upper Circuit today!!!Trade closed: target reached
Trade Completed. Target Achieved.Total 54% Profits booked.
Time Taken = 1 week.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.