CYAN was in downtrend since Aug 2021 till June 2023. Following that, it started trending in upward channel and recently it took support from its weekly FVG and rebounded. This is a different trade; it has to be accumulated in buying zone.
🚨 TECHNICAL BUY CALL – CYAN 🚨
🎯 ACCUMULATE - Rs. 26.5-29.5
📈 TP1 : Rs. 34.8
📈 TP1 : Rs. 39.8
🛑 STOP LOSS: BELOW Rs. 22 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.8
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
🚨 TECHNICAL BUY CALL – CYAN 🚨
🎯 ACCUMULATE - Rs. 26.5-29.5
📈 TP1 : Rs. 34.8
📈 TP1 : Rs. 39.8
🛑 STOP LOSS: BELOW Rs. 22 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.8
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
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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.
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.