ANL LONG TRADE (SECOND STRIKE) 14-06-2025ANL Second Strike (1H TF)
ANL has been in an accumulation zone (blue channel) and recently touched the top at Rs. 9.6 in December 2024. After a down leg (pink channel) with a selling climax and false breakdown, the stock reversed upwards. Having achieved previous targets, ANL is nearing completion of its pullback, making it a potential entry point for a second strike long trade near 1-hour IFDZ.
🚨 TECHNICAL BUY CALL – ANL🚨
- Buy 1: Rs. 8.0
- Buy 2: Rs. 7.9
- Buy 3: Rs. 7.7
- TP 1: Rs. 8.31
- TP 2: Rs. 8.99
- TP 3: Rs. 9.8
- *Stop Loss*: Below Rs. 7.4
- *Risk-Reward Ratio*: 1: 3.94
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
ANL trade ideas
ANL LONG TRADEANL has been stuck in Trading Range since long.
According to simplest method of Trading in a Trading range "BUY LOW SELL HIGH", it has recently touched the bottom of trading range and has given strong signs of upward reversal.
Four things validate its reversal upwards:
1. Crossed above 1H 20 EMA
2. Posted a Higher Low
3. Made a 1H Bullish FVG
4. Made a 1H Bullish Breaker Block
4. Much Heavier Volumes on Up leg so far
🚨 TECHNICAL BUY CALL – ANL🚨
🎯 BUY ZONE: Rs. 7.90-8.10
📈 TP1 : Rs. 8.65
📈 TP2 : Rs. 9.00
🛑 STOP LOSS: BELOW Rs 7.60(Daily Close)
📊 RISK-REWARD: High Conviction | 1:2.75
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.