WAVWSAPP LONG TRADE
WAVESAPP was in downtrend since December 2024 till start of May 2024. It completed last portion of its downtrend in a downward channel as seen in chart; now it has broken out of this downward channel with supported by VSA (Volume Spread Analysis).
🚨 TECHNICAL BUY CALL – WAVESAPP 🚨
🎯 BUY ZONE- Rs. 9.3-9.9
📈 TP1 : Rs. 11
📈 TP2 : Rs. 12
📈 TP3: Rs. 12.95
🛑 STOP LOSS: BELOW Rs. 8.4 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.5
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
