MUGHAL Trade Setup

MUGHAL has reached the Golden Fibonacci Retracement Zone, making this a favorable area to accumulate. The overall trend remains bullish, and the current pullback appears to be a healthy retracement within the ongoing uptrend.

Trade Plan

Entry Zone (EP): 80 – 82
This is the preferred accumulation zone. Consider building your position gradually instead of buying all at once.

Stop Loss (SL): 67

Targets:

• TP1: 94 (~16.05% Gain)
• TP2: 104 (~28.40% Gain)
• Ultimate Target: 114 (~40.74% Gain)

📈 Risk Analysis (Average Entry: 81)

• Approximate Risk: 17.28%
• Potential Reward to TP1: 16.05%
• Potential Reward to TP2: 28.40%
• Potential Reward to Ultimate Target: 40.74%

Trading Strategy

• Accumulate within the 80–82 zone.
• Maintain strict risk management with SL at 67.
• Consider booking partial profits at TP1 and let the remaining position ride toward TP2 and the Ultimate Target while trailing your stop loss.

Patience and disciplined execution are the keys to successful swing trading.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →