vikasbhekare

PNBGILTS swing trade

Long
NSE:PNBGILTS   PNB GILTS
PNBGILTS just broke its resistance with high volume. It looks bullish on daily, weekly and monthly time frames. It would be a high-probability trade if it retests 75 levels and starts moving back up. One can quickly achieve a 1:2 risk-reward ratio.
RSI: Above 60 on daily, weekly and monthly time frame
Volume: Huge volume and increasing
Trade closed: target reached:
Target achieved
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