Big W Reversal with Bullish Divergence !
Updated
Stock has formed big W reversal pattern and showing bullish divergence therefore it looks good for buying at this level. It has broken the short term trend line and RSI (14) is also healthy above 50. One can buy the stock now for a target of 4000 in due course by providing suitable SL.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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Note
Trade is doing well continuing with trailing SL for target of trend line. :)Trade closed: target reached
Closed at target price :)
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