Akzo Nobel India Ltd - Bump and Run Reversal Pattern
Buy at 191 or Below SL 181, Target 219
RRR is 2.68 (Which is OK OK)
As we can see here there is a confluence of two bearish patterns 1st one is Bump and run and the other is H&S
but still, in both, we need confirmation which is so important :)
Observed a Bump and Run reversal bottom pattern.
Looks a good candidate to go long .
Intiated a long position at 598 on 14th August 2018 .
SL kept at 550