JYOTHY LABS LTDДлинная
Swing Opportunity in Jyothy Labs Ltd
Обновлено
Go Long above 157.95 for Targets of 164.4, 170.85, and 177.3 with SL 151.5
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Сделка активна
Entry triggered on 1 Nov 2021Сделка закрыта: достигнута стоп-лосс цена
SL hit on 18 Nov 2021
Отказ от ответственности
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