praveen.bhatiya

Bullish Engulfing/2B Pattern Reversal

Long
NSE:RPOWER   RELIANCE POWER
2B Reversal pattern formed as Bullish engulfing so it seems buyers are emerging at current level. One can buy the stock with SL of low of last bar for a target of above 40 . Reasonable risk to reward ratio trade.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade closed manually: Closed at breakeven.

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