BOSCH LTDLong
BOSCH | CONTINUATION TRADE
Updated
Disclaimer: This is NOT a trading recommendation. Please do your own analysis before entering positions
REASONS TO BUY:
1. Stock in an Uptrend with 100 EMA acting as Support
2. A downward trendline breakout with Higher Highs & Higher Lows
3. A double bottom on the 100EMA before breaking out
4. CMP near the support line for retest.
Entry: 19183
SL: 18480
Target: 20840
RR 2.3
REASONS TO BUY:
1. Stock in an Uptrend with 100 EMA acting as Support
2. A downward trendline breakout with Higher Highs & Higher Lows
3. A double bottom on the 100EMA before breaking out
4. CMP near the support line for retest.
Entry: 19183
SL: 18480
Target: 20840
RR 2.3
Trade closed: stop reached
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