CHENNAI PETROLEUM CORP LTDGiá lên
CPCL buy entry
1. Market is trading in the channel pattern.
2. After touch the channel support, stock forms higher high and higher low.
3. Now touch the previous higher high and fill the gap (fvg)
4. Display hammer candle.
Take buy trade 917 price and target 1120.
If incase stock rejects in resistance 1 (990 price) and close below previous day low. Then exit your position. That's means big investor doesn't participate in the market.
SL - 872
Note : I am not Sebi register advisor. I just tell my opinion, analysis from your side and take decision.
2. After touch the channel support, stock forms higher high and higher low.
3. Now touch the previous higher high and fill the gap (fvg)
4. Display hammer candle.
Take buy trade 917 price and target 1120.
If incase stock rejects in resistance 1 (990 price) and close below previous day low. Then exit your position. That's means big investor doesn't participate in the market.
SL - 872
Note : I am not Sebi register advisor. I just tell my opinion, analysis from your side and take decision.
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