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EDELWEISS - Bullish Consolidation Breakout
EDELWEISS FIN SERV LTD
Long
EDELWEISS - Bullish Consolidation Breakout
By BrahmaBull31
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Jan 11, 2023
2
Jan 11, 2023
NSE: EDELWEISS is closing with a bullish candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Candlestick Analysis
consolidation-breakout
Supply and Demand
Support and Resistance
swingtrade
volumes
BrahmaBull31
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