24.09.2024
Buy- Above 419
HINDPETRO Target-448.5Stop Loss-391
Risk Reward- 1:1
1.Breakout- Inside bar breakout
2.Upward trend with continues HH & HL formation
3.Price reversed from Resistance converted to support level(Very strong level)
4.Good volumes increase
5. Price rejection from 50 EMA and 21 EMA
6. Very good rejection from Fair value gap
7. Price reacted from 0.382 Fibonacci
Trade active
Bullish Hammer formed. Trade active
Good movement Trade closed: target reached
Target reached!!
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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.