mufeethmohd

Coromandel Short Term Breakout Trade

Long
NSE:COROMANDEL   COROMANDEL INTL
The stock has broken out and looks to take support and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone and previously Lower Trendline and target is place near swing and channel high.

Note: As the market is under selling pressure, enter only after confirming a reversal.
Trade closed: stop reached