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Breakout-Ideas

Triple Bottom and Reverse head and shoulder

Long
CROMPTON GREAVES C (NSE:CROMPTON)  
Breakout-Ideas Updated   
NSE:CROMPTON   CROMPTON GREAVES C
Trend Analysis Chart Patterns triplebottom reverseheadandshoulders breakouttrading
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trendanalysis chartpattern triplebottom reverseheadandshoulders breakouttrading
Today Crompton Greaves broke 1 month consolidation range with a Triple Bottom pattern and with a reverse head and shoulder and also resistance. I am expecting a short term profit of 30 points in this trade. I keep my stop loss @ day candle closing below 404.
Trade closed: target reached:
Crompton gave nearly 2.8% profit in 1 day..so if you are very short term trader then you can exit. As Monday markets may have an effect of Jackson hole meeting outcome.
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