MRK potential Buy setup
Reasons for bullish bias:
- Price bounced from the weekly trendline
- Strong weekly bullish closing
- Price is at horizontal support
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 117.07
Stop Loss Level: 108.81
Take Profit Level 1: 125.33
Take Profit Level 2: 133.00
Take Profit Level 3: Open
- Price bounced from the weekly trendline
- Strong weekly bullish closing
- Price is at horizontal support
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 117.07
Stop Loss Level: 108.81
Take Profit Level 1: 125.33
Take Profit Level 2: 133.00
Take Profit Level 3: Open
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