Stock: Ghandhara Tyre & Rubber Co.
🔍 **Technical Overview:**
Price has bounced from the lower boundary of its descending channel and is now showing early signs of recovery.
• EMA 21 & 50 reclaimed → short-term momentum shift
• RSI trending upward → improving strength
• Volume expansion on recent candles → buyer interest returning
⚠️ **Context:**
The broader trend remains **bearish**, so this is a **counter-trend swing trade**.
📌 **Trade Plan:**
• Buy Zone: 29.50 – 30.50
• Stop Loss: 28.20
• TP1: 33.50
• TP2: 36.00
⚠️ **Risk Factors:**
• Strong resistance near 33–33.5 zone
• Upcoming **quarterly result (30 April)** → potential volatility / gap risk
🧠 **Strategy:**
• Keep position sizing controlled
• Consider partial profit near TP1
• Avoid holding full exposure into results without risk management
📌 **Conclusion:**
Short-term momentum is improving, but with the larger trend still down, this setup favors **quick, disciplined execution** rather than positional holding.
🔍 **Technical Overview:**
Price has bounced from the lower boundary of its descending channel and is now showing early signs of recovery.
• EMA 21 & 50 reclaimed → short-term momentum shift
• RSI trending upward → improving strength
• Volume expansion on recent candles → buyer interest returning
⚠️ **Context:**
The broader trend remains **bearish**, so this is a **counter-trend swing trade**.
📌 **Trade Plan:**
• Buy Zone: 29.50 – 30.50
• Stop Loss: 28.20
• TP1: 33.50
• TP2: 36.00
⚠️ **Risk Factors:**
• Strong resistance near 33–33.5 zone
• Upcoming **quarterly result (30 April)** → potential volatility / gap risk
🧠 **Strategy:**
• Keep position sizing controlled
• Consider partial profit near TP1
• Avoid holding full exposure into results without risk management
📌 **Conclusion:**
Short-term momentum is improving, but with the larger trend still down, this setup favors **quick, disciplined execution** rather than positional holding.
Trade fechado: stop atingido
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.