JatinManani

ORIENTELEC - Weekly Analysis

Long
NSE:ORIENTELEC   ORIENT ELECTRIC LTD
In the Weekly Chart of ORIENTELEC ,
we can see that; it has given Cup & Handle Pattern Breakout.
Let it retest.
Enter on retest at 245 with SL as 234 and target as 288-290 .
Book profit with 1:5 Risk Ratio at 288-290 and exit.
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