Rish
Can you please explain AmbujaCem Breakout on the basis of Fiblevels?
Where to enter?Where to book profit?
Stop loss,etc.
Can you please explain AmbujaCem Breakout on the basis of Fiblevels?
Where to enter?Where to book profit?
Stop loss,etc.
This is quarterly Fibonacci Level. My entry point is 166.87 and S/l 159.40 (closing basis).....Targets 170.20 / 174.30 / 183.49 normally this level (yellow line) will act a stiff resistance for any script.... Here i will close my position.....
After 183.49, i will use Monthly / Weekly for re entry to continue the position till 205.....
Fibo Level 183.49 is real bullish Breakout for a target of 205....this is my ultimate....(in extraordinary cases it may further breakout 215 and hit 233).
ACC is extraordinaly breakout ....chart enclosed..