LOADS was in WYCKOFF accumulation from July 2022 to April 2024; gave breakout and went into re-accumulation and gave breakout from that – Now it has retest the second breakout on axis line and rebound. It has posted a higher low and volumes support the upward move.
🚨 TECHNICAL BUY CALL – LOADS 🚨
🎯 BUY ZONE: Rs. 13.2-14.2
📈 TP1 : Rs. 17.7
📈 TP2 : Rs. 19.9
📈 TP3 : Rs. 24.4 (Longterm)
🛑 STOP LOSS: BELOW Rs 11.80 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.5
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 – LOADS 🚨
🎯 BUY ZONE: Rs. 13.2-14.2
📈 TP1 : Rs. 17.7
📈 TP2 : Rs. 19.9
📈 TP3 : Rs. 24.4 (Longterm)
🛑 STOP LOSS: BELOW Rs 11.80 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.5
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.