Parallel Channel & PF Trade Setup

praveen.bhatiya Updated   
Parallel Channel is capturing the price movement nicely and incidentally the PF is also having the same frequency thus confirming of its reliability. Bottom trendline of the channel is working as inner sliding of LML . One can buy the stock now or on seeing some sign of strength by providing the stop loss of 374.

Entry 385
Sl 374
Target 420
Risk/Reward 3

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