praveen.bhatiya

Pitchfork & Double Bottom/Engulfing.

Long
NSE:GRANULES   GRANULES INDIA
I've observed Pitchfork is capturing the price movement nicely and demand is visible as the price is forming the second bottom thus giving a swing trade opportunity by providing a small stop loss. One can go long now(Aggressive) or defensive trader should wait for closing of this bar. If it remains an bullish engulfing just place the buy order in coming days little above the high of today. This way entry would be little higher but more reliable.

Entry 116
Sl 111
Target 124/130
Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.
Trade active
Trade closed: stop reached

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