Head and Shoulder Breakout in GODREJ CONSUMER
⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕
--Buy CMP Oor above 790
--Target = 850 // 900//960// Depth of Head
--Stop-loss = Below 730
--R:R = 1 : 3
--Expected Profit = (28 % )
--Expected Holding = 1-3 Months only
--Buy CMP Oor above 790
--Target = 850 // 900//960// Depth of Head
--Stop-loss = Below 730
--R:R = 1 : 3
--Expected Profit = (28 % )
--Expected Holding = 1-3 Months only
Trade active
Enter after Channel breakout in lower time frameTrade active
Entered after the channel breakout at the range of 771 and placing SL of 730Note
sustain at our support. Lets see which one hits first !!Note
This is also a good time for entry @750 and use a strict SL of 730.Before enter the trade Do your own analysis.
Trade closed manually
STOP LOSS TRIGGERED. EVEN THROUGH STOP L0SS HIT WE DIDN''T LOOSE MORE THAN 2% OF OUR CAPITAL, BECAUSE OF PERFECT RR RATIO. STOP LOSS ARE PART OF TRADING.BUT STILL I HAVE A HOPE FOR BULLISH TREND
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