aks85

Diwali Special: DCW- Pennant Breakout-Low Risk Buy Setup

Long
DCW (NSE:DCW)  
NSE:DCW   DCW
1
As seen that the DCW has given a Pennant pattern breakout on daily chart a few days back, after which the price has revisited to test the breakout levels and gone down a bit further, giving us the perfect low risk entry.
The stock is bullish in larger time frame also.

Expected Levels: 40 ,45,48
Exit levels: 34.30
Trade active: Entry levels 37. Stock closed at 35.7. SL safe till now.
Comment: A close below 34.30, would be my exit.