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jjthomas94
Sep 30, 2020 10:26 PM

Potential breakout - Channel pattern Long

INDIAN HOTELSNSE

Description

Stock moving in a channel pattern. Took 61.8% support & moving up. Now near to a short term trend line breakout. After that, if it breaks next Resistance, only then huge targets.

Trade active

Breakout!!!

Trade closed: target reached

32% in 56 days time period.
Stock started performing after Nov 09th.
Max low created is 91.50

Comment

Next 140, 160 levels
Comments
kunalkagalkar
bought at 102. What would be stop loss price?
jjthomas94
@kunalkagalkar keeping it between 96-97 range would be good....
but that also comes around -6%
kunalkagalkar
@jjthomas94, Ok. set stop loss at 95. lets see.
jjthomas94
@kunalkagalkar SL Hit☹️
TradeWithChannels
Nice channel!
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