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Channel Entry with good RR ratio
TECH MAHINDRA LTD
Long
Channel Entry with good RR ratio
By praveen.bhatiya
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Updated
Nov 4, 2016
0
Nov 4, 2016
The stock is moving nicely in up sloping channel. One can enter now with stop loss of 412.50 for a target of 440-446. Good risk to reward ratio.
Nov 4, 2016
Trade active
Moved as expected continuing for the target.
Nov 7, 2016
Trade closed: target reached
Decent profit in 2 days, closed on target price reaching.
LONG
NIFTY
Parallel Channel
riskreward
TECHM
praveen.bhatiya
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