SCHAEFFLER
Red is 20EMA
Market is in Uptrend & Broke above Swing High
So Entry - 3185
SL- candle close below weakly candle low (or)- 2985 (100 Points)
TGT-3700 (515 Point),3970
R:R-1:5
EXIT METHOD
1ST TGT With SL (50%)
(50%) Wait for 2ND TGT With SL Cost to Cost or Trail
*Entry Tips*
*Aggressive traders can consider buying above the high of the breakout candle.
*Safe traders wait for a retest of the breakout level and then enter a buy position.
*Aggressive traders will have big Stop-loss with small Target.
*Safe traders will have Small Stop-loss with Big Target.
*Don’t Rush to enter the Trade.
*Disclaimer*
This analysis is for educational purposes only, and I am not a SEBI registered analyst. Please conduct your own research and consult with a certified financial professional before making any investment decisions.
*Support Required*
If you found this analysis helpful, kindly like and share your thoughts in the comments. Your feedback and observations are invaluable to me.
Thank you for your continuous support, likes, follows, and comments. Your encouragement keeps me motivated to consistently provide valuable insights.
Trend Analysis, Chart Patterns,Candlestick Analysis,Price Action,
Technical Indicators,Support and Resistance, Supply and Demand,Trendline,200EMA,Swing Trade,Positional Trade,
Red is 20EMA
Market is in Uptrend & Broke above Swing High
So Entry - 3185
SL- candle close below weakly candle low (or)- 2985 (100 Points)
TGT-3700 (515 Point),3970
R:R-1:5
EXIT METHOD
1ST TGT With SL (50%)
(50%) Wait for 2ND TGT With SL Cost to Cost or Trail
*Entry Tips*
*Aggressive traders can consider buying above the high of the breakout candle.
*Safe traders wait for a retest of the breakout level and then enter a buy position.
*Aggressive traders will have big Stop-loss with small Target.
*Safe traders will have Small Stop-loss with Big Target.
*Don’t Rush to enter the Trade.
*Disclaimer*
This analysis is for educational purposes only, and I am not a SEBI registered analyst. Please conduct your own research and consult with a certified financial professional before making any investment decisions.
*Support Required*
If you found this analysis helpful, kindly like and share your thoughts in the comments. Your feedback and observations are invaluable to me.
Thank you for your continuous support, likes, follows, and comments. Your encouragement keeps me motivated to consistently provide valuable insights.
Trend Analysis, Chart Patterns,Candlestick Analysis,Price Action,
Technical Indicators,Support and Resistance, Supply and Demand,Trendline,200EMA,Swing Trade,Positional Trade,