VARDMPOLY Breakout: Target 200%
VARDHMAN POLYTEC has given trendline breakout (flag pattern).
1) Entry can be taken CMP
2) TARGET : is 91,but 1st target Kan be taken as 1:3 RR. Total RR target is 1:7 aprox. That is huge.
3) Stoploss should be below the support zone.
Position sizing is most important.
Disclaimer : This Analysis is only for sharing my ideas and not suggestion for taking trade. I'll not be responsible for any p&l.
Thank you!
1) Entry can be taken CMP
2) TARGET : is 91,but 1st target Kan be taken as 1:3 RR. Total RR target is 1:7 aprox. That is huge.
3) Stoploss should be below the support zone.
Position sizing is most important.
Disclaimer : This Analysis is only for sharing my ideas and not suggestion for taking trade. I'll not be responsible for any p&l.
Thank you!
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