Stock after making double top at around 1360-1370 levels has corrected nearly 30% from top. It has formed morning star pattern on weekly chart. Now stock seems back in action towards its double top. One can consider long with SL 1040 on weekly CB, for targets above 1350 levels with 1:4 RR. As it is positional trade, would take couple of months to hit the target.
Kindly make your analysis before initiating any trades.
Kindly make your analysis before initiating any trades.
Trade chiuso: stop raggiunto