praveen.bhatiya

PF Demand Zone Double Bottom Confluence

Long
praveen.bhatiya Updated   
NSE:CASTROLIND   CASTROL INDIA
Pitchfork seems to be catching the price movement well and a good demand is observed at current level. RSI is also out of Oversold zone. Trading setup looks attractive with affordable SL as the details given below
Entry 167, SL 161, Target 186. It is worth taking small risk that offers a good Risk to Reward ratio of above 3.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed manually:
Was not showing any movement so close and look for other trades.

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