praveen.bhatiya

Bearish Gartley Pattern/Good Risk to Reward Ratio

Short
praveen.bhatiya Updated   
NSE:UJJIVAN   UJJIVAN FIN SERV
I've observed nicely formed Gartley Pattern which could be used for shorting the stock at current level. Recent high could be used as Stop loss and if it works one can easily expect 2 - 2.8 times rewards to the risk being taken.

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Order cancelled:
Not moving as the pattern should so cancelled it for time being.

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