praveen.bhatiya

Short Roof Pattern India Cements

Short
praveen.bhatiya Updated   
NSE:INDIACEM   INDIA CEMENTS
The stock has formed a beautiful Roof Pattern it gave false breakout today and came back. One can trade the stock by providing small Stop Loss high of today and look for a target of 140. Risk to reward ratio works out decent.
Order cancelled:
Since it is not coming below the pattern I would not consider it valid pattern now and look for somewhere else.

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