R&B Denims Ltd. Multiyear breakout- may give 100% returns!!?
R&B Denims price chart showing a cup break out and chance is there to reach up to 240.
Entry zone- 90-100
Stoploss- 82 (for low-risk takers) (Risk: Reward 1:3)
Stoploss- 70 (high-risk takers) (Risk: reward 1:5)
Entry Price = 90-100 (accumulation zone)
Target 1 = 112
Target 2 = 140
Target 3 = 170
Target 4 = 250(only high risk takers)
Time frame= 9-13 months
Entry zone- 90-100
Stoploss- 82 (for low-risk takers) (Risk: Reward 1:3)
Stoploss- 70 (high-risk takers) (Risk: reward 1:5)
Entry Price = 90-100 (accumulation zone)
Target 1 = 112
Target 2 = 140
Target 3 = 170
Target 4 = 250(only high risk takers)
Time frame= 9-13 months
Trade active
The price is corrected till 88 and giving good price range for the entry today as it is forming bullish engulfing after short bearish move in price
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