praveen.bhatiya

Inverse Head & Sholder Reversal

Long
praveen.bhatiya Updated   
NSE:EXIDEIND   EXIDE INDUSTRIES
I've observed nicely formed Head & Sholder Reversal pattern. It has given good breakout and retesting the Neckline from above which offers a good opporutunity to go long with the following details

Entry 262
SL 255(closing)
Target 284
Risk/Reward Ratio above 3.14

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active:
Long @ 260
Trade closed: stop reached
Trade active:
Reentered the long the SL was on closing basis and saw is bouncing back from the level shaking the weak traders.

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