Small Risk, Morning Star Reversal & Divergence

Jun 30, 2018

We can observe that the lower low made is not supported by the indicators thus forming the divergence and showing the strength. It is formed Morning Star Candlestick reversal pattern which is reasonably reliable so one can buy the stock at current level by providing the appropriate SL. We can expect the target of 1815 which offers a good Risk to Reward trade.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

Jul 2, 2018

Trade active

Jul 2, 2018

Trade closed: stop reached