praveen.bhatiya

PTC Long Low risk Trade

Long
NSE:PTC   PTC INDIA LTD
The stock is still in uptrend so one can enter long at appropriate level. It is forming an ascending Channel and now getting support at lower level. Yesterday retest offers a very good opportunity to go long by providing a small stop loss of 84.80 on closing basis. Target one can look at least 2.5 -3 times of the risk taken depending upon the entry tomorrow.
Order cancelled: Closed the Trade at break even price as moving in small range since trade initiation.