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    Akshat Shah
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    SOBHA is taking support at 20EMA and 690 support level, where it has formed an inverted hammer pattern indicating a potential up move if it crosses 715 resistance. Risk to reward ratio would be good buying at current support level. GNFC consolidated in a tight range and has given a strong breakout above 370 support with good volumes, and a move above 390 resistance could result in good momentum, looking for a structure break to enter long positions.

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    SOBHA is taking support at 20EMA and 690 support level, where it has formed an inverted hammer pattern indicating a potential up move if it crosses 715 resistance. Risk to reward ratio would be good buying at current support level. GNFC consolidated in a tight range and has given a strong breakout above 370 support with good volumes, and a move above 390 resistance could result in good momentum, looking for a structure break to enter long positions.

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    4 views2 pages

    Power Point

    Uploaded by

    Akshat Shah
    SOBHA is taking support at 20EMA and 690 support level, where it has formed an inverted hammer pattern indicating a potential up move if it crosses 715 resistance. Risk to reward ratio would be good buying at current support level. GNFC consolidated in a tight range and has given a strong breakout above 370 support with good volumes, and a move above 390 resistance could result in good momentum, looking for a structure break to enter long positions.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    SOBHA

    TIMEFRAME 1D

    CMP- 707.80 DATE- 21 SEPTEMBER 2021


    Resistance level- 715
    Support level- 690

    SUPPORT

    20EMA

    After a good correction in SOBHA now it is taking support of 20EMA & at support
    level it has formed a bullish pattern which is INVERTED HAMMER. And if crosses
    715 levels then we can see a good up move in this.
    Risk to reward ratio will be good if you buy at support level.
    @tradewith_rishit #TRADEWITHLOGIC
    GNFC
    TIMEFRAME 1D
    CMP- 383 DATE- 21 SEPTEMBER 2021
    Resistance level- 390
    Support level- 370 RESISTANCE
    BREAKOUT

    SUPPORT
    Good Volumes

    GNFC was consolidating in a tight range & today it has given a strong breakout
    with good volumes and once it crosses 390 levels we can see a good momentum
    in this.
    Looking for a buying opportunity on a structure break.

    @tradewith_rishit #TRADEWITHLOGIC

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