SHREECEM looking ripe for a good R:R trade on upside with last week's candle closing as Bullish Harami candlestick. I would wait for 25550 to be taken out as that is a small resistance and then enter the trade with SL of Friday's candle. One can looking for upside target of 26340
Let's see how the story develops. Best wishes!
Disclaimer -
- The opinions expressed here are my own. This is for my own records as well as what I see on charts. - If you are referring to this, please keep in mind that it is only for educational and research purposes. - Past performance is no guarantee of future results. - You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION. - It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance. - Before investing, conduct your own research and consult with a financial advisor.
TIA!
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Desired target reached. Closing this trade idea as high made 26425