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Theeprooooo_05

HIGH PROBABILITY TRADE SET-UP IN HIMADRI SPECIALITY

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HIMADRI SPECIALITY (NSE:HSCL)  
Theeprooooo_05 Uppdaterad   
NSE:HSCL   HIMADRI SPECIALITY
Supply and Demand Trend Lines Rectangle shortsetup Good Risk/Reward darvasbox Trend Line Break channelbreak 15mins
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supplyanddemand trendline rectangle shortsetup goodriskreward darvasbox trendlinebreak channelbreak 15mins
Stock is trading in a zone near the all-time high price, which will most probably be going to act as a supply zone. Also stock has rallied almost 55-60% in one month and we can expect a price correction of 25%. In addition, these RSI values have given a clear divergence. So I'm expecting a fall in price in the coming days. Enter trade if the price closes below 81 with an SL at 86.5 and targets are mentioned on the chart. This is just my observation. Do your own analysis before making any financial decision.
HSCL
Kommentera:
No Trade in this script as there was a gap down and price did not close below 81.
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