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

Trade active:

Enter after Channel breakout in lower time frame

Trade active:

Entered after the channel breakout at the range of 771 and placing SL of 730

Comment:

sustain at our support. Lets see which one hits first !!

Comment:

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