Big W Pattern

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The Stock has formed big W pattern which is the opposite of big M posted today. We can observe that RSI is showing Divergence One can trade the stock in the following manner :-

Entry current Price 214
SL 207 or below of 204 (Closing) depending upon the risk you want take in this trade
Target 235
Risk/Reward Ratio 3.5

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade attivo
Trade is doing well :)
Trade chiuso: stop raggiunto
AMBUJACEMambujacementbigwDivergenceDouble Top or BottomGood Risk/RewardNIFTYSupport and Resistance

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