praveen.bhatiya
Long

Victor Sperandeo 2B Reversal Pattern RSI Diverg Small Risk Trade

NSE:CADILAHC   CADILA HEALTHCARE
The stock is in deep downtrend but has made a Victor Sperandeo 2B Reversal Pattern with RSI Divergence therefore it looks good for trading/investment. Traders can enter a long at current level with SL of recent low which is quite affordable. One can easily fetch 2.5 - 3 times reward of the risk being taken into this trade. I know that following the trend is better but sometimes taking small calculated risk for reversal also rewards well.

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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