Low RISK High REWARD Setup #vodafoneidea

Updated
Looking to buy the retracement of wave 1 (marked in purple) as close as possible to Rs 8, with stop loss at Rs 6.98 and an immediate target of Rs 12.5.

RiskRewardRatio is 1 : 4.5


P.s. Why i mention this trade could be highly rewarding is because, i have reason to believe we have started Wave 3.

Good Luck.
Cheers !
Note
DISCLAIMER: This trade is for educational purposes only.
Note
As close as possible to Rs 8.
Trade active
Finally!!!
Trade closed: target reached
Wave Analysis

Disclaimer