Indoco Remedies: Swing
The declining trendline has been broken and a trend reversal is on way.
One shall enter a long position around 375-400 is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio is more than 1:2.
SL is placed below 340.
And target is placed around the resistance.
Note: Never run your profitable trades to turn losers without trailing the profits.
The declining trendline has been broken and a trend reversal is on way.
One shall enter a long position around 375-400 is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio is more than 1:2.
SL is placed below 340.
And target is placed around the resistance.
Note: Never run your profitable trades to turn losers without trailing the profits.
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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.