CuriousChartist

DEEPAK NITRITE

Long
NSE:DEEPAKNTR   DEEPAK NITRITE
Consolidation in a rectangle.
try to buy on dips 490-495

Target = 546 - 8.3%
SL = 490 - 2.7%

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Comment:
Today it respected the channel support of 490.8 by going down till 492. Good point to accumulate in small quantities.
Comment:
SL hit as it broke the channel. However the chart looks good as it consolidates within the arc. Keep accumulating on dips within the arc
Comment:
Moving as desired.
Trade closed manually
Trade closed: target reached

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Disclaimer

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