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RUSHIL DECOR LTD.
Long

RUSHIL DECOR 1:4+ RR setup 🔥

By PriceActionSpotter
Updated
RUSHIL broke out of ascending triangle pattern and gave a retest. Momentum leading to breakout is very high and volumes look bullish.

One can enter entire position at C.M.P and place a tight stop loss (marked on the chart) for a 1:4+ RRR play. Positional traders can place a deeper stoploss below 310 and go for 1:2/2.5 RRR.

Buy more of price takes support at anyone of the supporting trendlines.

Follow strict risk management. HAPPY TRADING!
Trade closed: stop reached
breakoutChart PatternsNIFTYParallel ChannelpriceactionRUSHILTriangletrianglebreak
PriceActionSpotter

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