Rectangle breakout/Retest

The stock has formed Rectangle and price closed below the lower line on 21.06.18. It has again retested the lower boundary and closed lower depicting the weakness. One can short the stock for a target of 203.50(Range doubling) by keeping the high of today as SL.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
HINDALCORectangleSupply and Demand

Anche su:

Pubblicazioni correlate

Declinazione di responsabilità