GSPL - Gujarat State Petroleum Corporation Bullish View
GSPL charts have formed a bullish engulfing candlestick pattern.
You can use this opportunity because it has a very good risk to reward ratio.
Entry: Long above ₹389.80 (the high of the bullish engulfing candle)
Stop-Loss: Short below ₹368 (the low of the bearish candlestick before the bullish engulfing pattern)
Take-Profit: This will depend on your risk tolerance and trading goals. based on a 1:2 or trailing basis 1:3 Risk to reward Ratio
Risk Management: Always remember to practice good risk management. Only risk a small percentage of your capital on each trade.
Disclaimer: This is not financial advice. Please do your own research before making any trading decisions.
Remember, trading involves risk. I can't guarantee that this trade will be successful.
Also dont forget to share and boost, thank you for all your love and keep supporting like you do, helps me work harder..
You can use this opportunity because it has a very good risk to reward ratio.
Entry: Long above ₹389.80 (the high of the bullish engulfing candle)
Stop-Loss: Short below ₹368 (the low of the bearish candlestick before the bullish engulfing pattern)
Take-Profit: This will depend on your risk tolerance and trading goals. based on a 1:2 or trailing basis 1:3 Risk to reward Ratio
Risk Management: Always remember to practice good risk management. Only risk a small percentage of your capital on each trade.
Disclaimer: This is not financial advice. Please do your own research before making any trading decisions.
Remember, trading involves risk. I can't guarantee that this trade will be successful.
Also dont forget to share and boost, thank you for all your love and keep supporting like you do, helps me work harder..
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน