NSE:RANEHOLDIN
Above 1311
Target- 1360
Target Open above 1365
Sl- 1214
support- 1245-48
Rsi>60
Breakout with Volume
Selling from Upper lveve also
So be careful or wait for retest
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
In the Weekly Chart of RANEHOLDIN ,
we can see that; it has given a breakout.
Also it has given closing above 1000.
Let it retest and the Enter with SL.
Go Long till above target.
1)Price is moving in the triangle pattern in Daily Pattern.
2)And in the Lower timeframe we can see an Expanding channel.
3)Once the price gives a breakout to the Expanding
channel we can enter keeping the stoploss below the 600 levels.
4)By entering at this level we can wait for the breakout of triangle
on larger timeframe to get more rewards.
