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Deepak_dc93

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

CESC (NSE:CESC)  
Deepak_dc93  
NSE:CESC   CESC
Trend Analysis Chart Patterns Support and Resistance Stocks stockmarketanalysis stocksignals stockstrading stockstobuy stockstowatch Equity NIFTY CESC
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5
trendanalysis chartpattern supportandresistance stocks stockmarketanalysis stocksignals stockstrading stockstobuy stockstowatch equity nifty cesc
I 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 .

Entry - 561
Target - 692
Stop loss - 534
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