Trendline Support
"📈 CREDITACC is trading at a critical support zone near 860-870, backed by a long-term trendline. This level has acted as a strong demand zone multiple times in the past.
🔍 Here's why this is exciting:
Trendline Support: The stock is respecting a multi-year ascending trendline.
Risk-Reward Setup: Entry near 890 with a stop-loss at 807 and potential targets at 1,015 and 1,268.
Volume Analysis: Watch for a spike in volumes near resistance for a breakout confirmation.
🚨 Key Levels:
Support: 860-870
Resistance: 1,015 | 1,268
💡 Idea: A move above 1,015 could confirm bullish momentum, opening up significant upside potential. Stay cautious if the price breaks below 807."
#SwingTrading #StockMarket #TradingIdeas #CREDITACC #TechnicalAnalysis #BullishSetup
🔍 Here's why this is exciting:
Trendline Support: The stock is respecting a multi-year ascending trendline.
Risk-Reward Setup: Entry near 890 with a stop-loss at 807 and potential targets at 1,015 and 1,268.
Volume Analysis: Watch for a spike in volumes near resistance for a breakout confirmation.
🚨 Key Levels:
Support: 860-870
Resistance: 1,015 | 1,268
💡 Idea: A move above 1,015 could confirm bullish momentum, opening up significant upside potential. Stay cautious if the price breaks below 807."
#SwingTrading #StockMarket #TradingIdeas #CREDITACC #TechnicalAnalysis #BullishSetup
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Contact No = +91 76784 46896
Mail ID = skytradingmod@gmail.com
My Telegram ID= @skytradingmod
Whatsup code - alvo.chat/4RcF
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