praveen.bhatiya

Rectangle Bottom Reversal

Long
praveen.bhatiya Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Prices have nicely formed the Rectangle pattern and it is trading above the Upper boundary. It has already shaked the trader by coming back to the pattern after breakout so it seems good cances now for the target. Those who want to trade this simple pattern can initiate the trade
Entry 3020
SL 2900(closing)
Target 3300
Risk/Reward Ratio 2.50
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active
Comment:
Order placed at target price :)
Trade closed: target reached

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