praveen.bhatiya

Bottom Fishing : Risking small amount in direction of market.

Long
praveen.bhatiya Updated   
NSE:BEL   BHARAT ELECTRONICS
Price has already made 3 down drives, now coming out of RSI oversold zone, Engulfing bar at double bottom zone today. It may not be a high probable trade but still worth risking small amount. One can expect at least thrice the reward of risk being taken. Stop Loss some ticks below the recent low on closing basis.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed: stop reached

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