Rectangle Channel Breakout

The stock has formed "Rectangle Channel" and trading above it. This simple patter offers an opportunity to trade with a reasonable Risk to Reward ratio of 3. One can go long at 1193-1195 with SL of 1168 and can expect a target of 1265 in coming days.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed manually: Closed with small profit as not moving would look somewhere else to trade.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out