abhaychakravarthi

POLYMED Swing Trade

Long
NSE:POLYMED   POLY MEDICURE LTD
1. Excellent Chart formation. Making Higher highs and Higher Lows.
2. Breakout after 2 years consolidation.
3. Resistance turned into support.
4. Stop below 1075 DCB (daily closing basis)
5. Target about 1500 which turns out to be 1:4 Risk Reward.

Not a recommendation.
Trade closed: target reached
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