Rashi Peripherals Long Setup channel pattern 1:2 RR

69
Rashi peripherals following channel pattern and forming HH and HL.

Swing Trade
Buy Rashi Peripherals
Above: 306
add few quantities near 300-302
Stop Loss: 292
Target 1 : 325
Target 2 : 340

Trade as per your risk-taking capacity.

Stock has broken trendline with volume also form W pattern on channel support ready for up move to touch upper channel resistance.
Buying at 300 will give 1:4 RR

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.