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premit88

Pullback opportunity in FINCABLE

Long
FINOLEX CABLES (NSE:FINCABLES)  
premit88 Updated   
NSE:FINCABLES   FINOLEX CABLES
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
A pullback opportunity is spotted in FINCABLE. This is a swing trade.
I have risked 1% of my trading capital. Below are my trade specifics.

Entry : 382.20
SL : 363.90
TGT : 424.75
Comment:
After the entry we have seen two wide range bearish candle, although they are of the low volume, it would be cautionary to reduce our position size and wait for the market to play out.
Comment:
Raising my SL to 378
Trade closed: target reached
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