AEROFLEX LONG Setup!AEROFLEX INDUSTRIES LTDNSE:AEROFLEXKARTHIK_GREEN_CANDLESStock: Aerofle (AERF) Current Market Price (CMP): ₹194 Entry Point: ₹187 Target: ₹228 Final Target: ₹272 Stop Loss (SL): Below Support 2 Trade Setup with Stop Loss: Entry at ₹187: As mentioned earlier, you plan to enter at ₹187, which is lower than the current market price of ₹194. You're waiting for a pullback to this level, anticipating the stock will rebound from this price and head higher. Target at ₹228: This is your first price target, where the stock is expected to face resistance. Once the stock hits ₹228, it might experience some pullback or consolidation. Final Target at ₹272: This is the key level where you're aiming for the stock to reach, assuming the trend continues. ₹272 is your ultimate exit target. Stop Loss (SL) Below Support 2: The stop loss is placed below Support 2, which is a lower level of support. By positioning the stop loss here, you're allowing for some price fluctuation, but you’re limiting your downside risk in case the trade doesn’t play out as expected. Support 2 serves as a critical level, and if the price falls below this, it could indicate a reversal or breakdown of the trend. Why This Setup Works: Support 2 is your safety net. If the stock breaks below this level, it suggests that the uptrend is invalidating, so exiting with minimal loss is a good risk management strategy. You're using the break and retest strategy with Support 2 as a critical level to protect against a major downtrend. If the stock holds above ₹187 and moves up to ₹228 and beyond, your risk-to-reward setup is favorable.