Tariq Glass Industries Limited
Long
Aggiornato

TGL - PSX - Swing Trade

256
On daily TF, TGL has moved up from weekly trend line (black) and is at major support level as well. KVO is suggesting volume with buying momentum as well.
Trade Values:
Buy-1: 222.50 (CMP)
TP-1: 246 (13% gain)
TP2: 285 (30% gain)
TP3: 310 (42% gain)
SL:210
Trade attivo
I had kept SL at very tight price of 210 and, therefore, I may be using my SLO at 210. However, one can take it further low at 208. But lower than 208 will not be worth. After all Stop Loss Orders are there to stop the losses at certain price.
If my SLO is hit then I'll wait till price goes up from the Resistance level - marked in Green as Support level which now will act as Resistance Level.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.