PACE been in DOWNTREND since JAN 2025.
Recent up leg has been mostly due to across the board Bullish Sentiments because of improvement in Geo Political Environment.
Current Up Move is also just a healthy Pullback in overall Downtrend.
There's strong Bearish Breaker Block overhead current levels which will obstruct any upward movement.
🚨 TECHNICAL SHORT SELL CALL –PACE 🚨
🎯 SHORTSELL ZONE : 5.2-5.6
📈 TP1 : Rs. 4.7
📈 TP2 : Rs. 3.9
🛑 STOP LOSS: Above Rs. 6 (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.
Recent up leg has been mostly due to across the board Bullish Sentiments because of improvement in Geo Political Environment.
Current Up Move is also just a healthy Pullback in overall Downtrend.
There's strong Bearish Breaker Block overhead current levels which will obstruct any upward movement.
🚨 TECHNICAL SHORT SELL CALL –PACE 🚨
🎯 SHORTSELL ZONE : 5.2-5.6
📈 TP1 : Rs. 4.7
📈 TP2 : Rs. 3.9
🛑 STOP LOSS: Above Rs. 6 (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.