India Cements - Long Setup (Swing Trade)
India Cements is approaching a critical zone for a potential long trade setup. Here’s the plan:
Entry Zone: 363.95
Entry Price: Once a 15-minute candle breaks above 363.95, the high of that candle will confirm the entry.
Target: 394.85
Stop Loss: 348.50 (Triggered if a daily candle closes below this level)
The price is currently testing the entry zone at 363.95, and a confirmed breakout could lead to a potential rally towards the target of 394.85. A stop loss is set at 348.50 to manage risk, offering a favorable risk-reward ratio for this trade.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Zone: 363.95
Entry Price: Once a 15-minute candle breaks above 363.95, the high of that candle will confirm the entry.
Target: 394.85
Stop Loss: 348.50 (Triggered if a daily candle closes below this level)
The price is currently testing the entry zone at 363.95, and a confirmed breakout could lead to a potential rally towards the target of 394.85. A stop loss is set at 348.50 to manage risk, offering a favorable risk-reward ratio for this trade.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
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