praveen.bhatiya
Long

Double Bottome Reversal !

NSE:HDFC   HOUSING DEVEL FIN
Nicely formed double bottom pattern gave breakout and and trading decisively above the neckline. One can buy the stock now for a double bottom pattern target of approx 1900. which offers a reasonable Risk to Reward trade. RSI above 50 is also confirming the trade.
Entry 1810
SL 1770
Target 1880 - 1900

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Nov 19
Trade closed: target reached
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