MHRIL - Long - EW5 and Chart Patterns
Updated
MHRIL has an interesting chart pattern
Bull Flag on 4h
Symmetrical Triangle on D
+ve Covid news will make it fly
-ve Covid new exit at 200
I would enter and exit at below price points
Swing Trade
Enter - CMP, SL - 200
1st Target - 218
2nd Target - 231.8
3rd Target - 242.5
If you want to play safe wait for the breakout and test of either Bull Flag or Symmetrical triangle
All travel and tourism stocks have similar chart and pattern
Bull Flag on 4h
Symmetrical Triangle on D
+ve Covid news will make it fly
-ve Covid new exit at 200
I would enter and exit at below price points
Swing Trade
Enter - CMP, SL - 200
1st Target - 218
2nd Target - 231.8
3rd Target - 242.5
If you want to play safe wait for the breakout and test of either Bull Flag or Symmetrical triangle
All travel and tourism stocks have similar chart and pattern
Trade closed: stop reached
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