CENTRAL BANK OF INDIA
Long
Updated

CentralBank-Swing Bullish- Will this support is strong enough?!

458
snapshot CENTRALBK


19.08.2024
Buy 60
Target 66
Stop Loss 56
Risk Reward- 1:1.5

1. Inside bar breakout
2. 200 EMA perfect rejection
3. Price bounced from strong key level(Resistance turned to support)
4. After good uptrend price under consolidation from last 5 months
5. RSI bounced from over sold zone with double bottom.
6. Good volumes in breakout candle
Trade active
Hope the movement starts from now
Trade active
W pattern formation

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