MAZDOCK (15m time frame), Short Trade
Entry: ₹4,451.90
Current Price: ₹4,205.85
TP1 Hit, Waiting for Lower Targets
Key Levels:
Trend Analysis:
The price has decisively broken below support and maintained its position under the Risological Dotted Trendline, confirming strong selling pressure. After TP1 was hit, the trade shows continuation of bearish momentum, with further targets likely to be reached as the trend develops.
Entry: ₹4,451.90
Current Price: ₹4,205.85
TP1 Hit, Waiting for Lower Targets
Key Levels:
- Entry: ₹4,451.90 – Positioned after confirmation of bearish trend on the 15m time frame, supported by price moving below the Risological Dotted Trendline.
- Stop-Loss (SL): ₹4,650.95 – Placed above recent resistance levels to manage risk in case of reversal.
- Take Profit 1 (TP1): ₹4,205.85 – Already hit, confirming downward momentum.
- Take Profit 2 (TP2): ₹3,807.75 – Next target, indicating further potential bearish continuation.
- Take Profit 3 (TP3): ₹3,409.65 – Further downside target as selling pressure builds.
- Take Profit 4 (TP4): ₹3,163.60 – Final target for extended bearish trend.
Trend Analysis:
The price has decisively broken below support and maintained its position under the Risological Dotted Trendline, confirming strong selling pressure. After TP1 was hit, the trade shows continuation of bearish momentum, with further targets likely to be reached as the trend develops.
Trade active
TP1 done
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- Check this indicator and thank me later > Risological.com
- Get blown away by its accuracy
- Apply on any cart, any time frame.
- 7-Day 100% Money Back Guarantee
- Get blown away by its accuracy
- Apply on any cart, any time frame.
- 7-Day 100% Money Back Guarantee
Related publications
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.