As we can see H3 chart already has created reversal CHoCH which is a good signal of bullish view. After inducement (X) taken out candles have created M15 Ch and price is trading in the discount zone (<Rs 225/-) of previous impulsive leg (the low & high swing points already mentioned on the chart with yellow dot)
So, we can buy at the demand zone or at any price level below Rs 225/-and can hold up to 1-2 months for 20-25% return.
So, we can buy at the demand zone or at any price level below Rs 225/-and can hold up to 1-2 months for 20-25% return.
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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.