Economic Nerd: WABAG ::: positional LONG

Thursday, April 23, 2020

WABAG ::: positional LONG

My analysis of WABAG.

instrument: WABAG
Time frame: Week

CMP: 112.70
Buy above: 112.50
SL: 106.
Target 01: 151.70
Target 02: 178

My View DAY TIME FRAME
Even though WABAG is now moving in sideways for 3 consecutive days and Stochastics giving bearish sentiment PSAR is still bullish.

My view WEEK TIME FRAME:
Both Stochastics and PSAR are bullish it has just come out of the rangebound scenario. So expecting it to become bullish.

My view on www.tradingview.com for WABAG

No comments:

Post a Comment

Risk Disclosure

Futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Trade with risk capital only. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Past performance is no guarantee of future results and should not be interpreted as a forecast of future performance. We make no promise as to the performance of the account and while the investment objective is major capital appreciation over time no representation is being made or implied that any account will or is likely to achieve profit. The value of your investments can decrease as well as increase and, as such, funds invested should constitute risk capital. The risk of loss in trading commodities and options can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. You should carefully consider whether your financial condition permits you to participate in futures trading. In so doing, you should be aware that futures and options trading can quickly lead to large losses as well as gains. Such trading losses can sharply reduce the value of your investment. All information provided on these pages is for fair use. Normal copyright protections apply to all commercial use of any documents or information. economicnerd@gmail.com is not responsible for any loss due to inaccuracies in the information provided. Nothing presented here should be construed as investment advice or recommendations.

Subscribe To Economic Nerd

Thursday, April 23, 2020

WABAG ::: positional LONG

My analysis of WABAG.

No comments:

Post a Comment