Triple Top Breakout - RECLTD

Updated
πŸ“Š Script: REC
πŸ“Š Sector: Finance
πŸ“Š Industry: Finance - Term-Lending Institutions

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is giving breakout of Triple Top pattern of daily chart with volume.
πŸ“ˆ Today was the result date and numbers are pretty good.
πŸ“ˆ Trading at upper band of Bollinger band and giving breakout of it.
πŸ“ˆ MACD and Double Moving Averages are giving Crossover.
πŸ“ˆ RSI is around 70.
πŸ“ˆ Initially we may see some profit booking because stock was up almost 10%.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 507
🟒 Target πŸŽ―πŸ† - 551
⚠️ Stoploss ☠️🚫 - 488

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚
Trade active
up 6.50%
541+
Trade closed: target reached
target achieved in 1 day
550
bollingersbandbreakoutChart PatternsTechnical IndicatorsmacdcrossovermovingaveragecrossoverRECLTDRelative Strength Index (RSI)Trend Analysistripletop

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