Divergent_trader

BOSCH | CONTINUATION TRADE

Long
Divergent_trader Updated   
NSE:BOSCHLTD   BOSCH LTD
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
Trade closed: stop reached

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