FLYING was previously in Accumulation Phase from Jan 2025 till April 2025 – It broke out of this phase and plotted a high of 56, with remarkable Volume Distribution. It has completed Elliot Waves 1-2-3-4-5 of uptrend. In last up-wave, it has gone through SOT and variation in Volume Gradient. These factors suggest an impending corrective wave A-B-c in coming days.
🚨 TECHNICAL SHORT-SELL/EXIT CALL – FLYING 🚨
🎯 SHORT-SELL/EXIT ZONE: Rs. 54-50.1
📈 TP1 : Rs. 45.9
📈 TP2 : Rs. 38.7
🛑 STOP LOSS: ABOVE Rs. 57.5 (Daily Close)
NOTE – Prices are of ready market
📊 RISK-REWARD: Medium Conviction | 1:2.34
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
🚨 TECHNICAL SHORT-SELL/EXIT CALL – FLYING 🚨
🎯 SHORT-SELL/EXIT ZONE: Rs. 54-50.1
📈 TP1 : Rs. 45.9
📈 TP2 : Rs. 38.7
🛑 STOP LOSS: ABOVE Rs. 57.5 (Daily Close)
NOTE – Prices are of ready market
📊 RISK-REWARD: Medium Conviction | 1:2.34
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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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.
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.