Long

HDFC Rectangle breakout

Updated
The stock has formed rectangle nicely with alternative touches. It has given breakout the upper line which got retested. It seems a good setup to trade the stock with small stop loss and reasonable good Risk to reward ration. One can trade the stock
Entry 1915
SL 1840
Target 2200
Risk/Reward Ratio 3.80

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active
Buy @ 1905 fingers crossed :)
Trade closed: stop reached
HDFCNIFTYRectanglesupply_and_demandsupportSupport and Resistance

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