Ashapurmin- Breakout from a resistance.
Ashapurmin-
⚠️Risky- since we are trading against the overall Market Trend.
Beginners do not attempt the trade.
Risk management and position sizing is key. Trade very Light. High probability of the trade going against us.
❗️Disclaimer: This is for educational purposes only. Consult your financial advisor before making any investment decisions.
- Not falling much in this weak market.
- Broke out of previous resistance.
- No resistance to the left.
- Good RSI
- Buy a small qty at CMP. Wait for a Weekly close above 485 to add more.
- Wait for a retest and reversal of 485 to add the rest.
⚠️Risky- since we are trading against the overall Market Trend.
Beginners do not attempt the trade.
Risk management and position sizing is key. Trade very Light. High probability of the trade going against us.
❗️Disclaimer: This is for educational purposes only. Consult your financial advisor before making any investment decisions.
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