NSE:EXPLEOSOL Broke out from cup and handle pattern and is consolidating in rising channel pattern.
Price near trendline support. Short term traders can take a trade with a tight stop loss and go for 1:5 Risk reward play.
Low momentum/volume candles near support show that price is ready to take big support.
SAFE TRADERS WAIT FOR PRICE TO MAKE GREEN CANDLE...
Stock of the Week: #Expleosol
Entry Price: 725
SL: 532.45
Position Sizing: 14%
Reason: Taking support on 3 years breakout zone. Increasing price volume is higher than falling price volume.
NSE:EXPLEOSOL
