praveen.bhatiya
Long

Wolfe Wave Good RR trade

NSE:RPOWER   RELIANCE POWER
The stock has nicely formed Wolfe Wave with in parallel Channel . One can trade the stock for a good Risk to Reward Ratio. One can trade the Future as under or make suitable strategy using options as the stock is active in Options also
Entry 34.30
SL 32.20
Target 39.80
RR 5.50
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
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