Deepak_dc93

BUY signal CESC , Rectangle pattern , Trading is all about skill

Long
CESC (NSE:CESC)  
Deepak_dc93 Updated   
NSE:CESC   CESC
will go LONG on CESC because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the support (lower end of rectangle) and may reach the resistance zone (upper end of rectangle) .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .
Comment:
Entry - 567 or 585
Target - 662 or 670
Stoploss - 533
Trade active
Trade closed: target reached

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