Wavozen

6538 Very good risk reward zone in weekly time frame

Long
NSE:INDNIPPON   INDIA NIPPON ELECT
Reason for long
a) Mini flag pattern after abc correction
b) Good positive bull volume
c) Good risk reward zone.

Maintain 0.3 to 0.5% risk per trade, as market may turn little negative next week.

Duration : 2 weeks

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