Have you executed trades using wave analysis on NSE ASHOKLEY?
Visit here: NSE ASHOKLEY – Analyzing the Value Area Formation
We had written clearly,”On the other hand, if the price breaks above the upper band at 147.22, traders may consider buying with the following target levels: 149.7 – 153.5 – 156.4+. Traders should use the lower band as the invalidation level.”
Timeline:
[05 June 2023]
- 09:15 AM – Price broke-out resistance band of 147.22.
- 11:20 AM – NSE ASHOKLEY hit the first target of 149.7.
If you have traded this setup for even first target, you could have made more than 1.5% return in just a single trading session.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.