NeeteshJain
Long

Cairn at excellent risk reward ratio

NSE_EOD:CAIRN   CAIRN INDIA INR10
I have marked two possible situation according to my analysis which can take place in this price action.

1. completion of C-D leg of bearish gartley pattern in 3-4 weeks

2. Getting double bottom first before the price action goes to 180-185 levels.

In both the situations our stoploss would be 118 and T1:152

Cheers
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