Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...
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% Please consider these ideas for educational purpose Comment below if you are looking for any answers.
as you can see its a swing trade with a min. of 1:2, to possibly 1:4 risk to reward ratio.
Visnu chemicals giving a break out above horizontal resistance with volume. Looks good to go long for 100-200 points. Wait for next candle to see the real move.
vishnu chem expecting a good upmove abpve 705 levels
As per new sales no. is good, volume look surprising increasing, so as my technical analysis , Vishnu touch 150+ in short term means 10+12 days time