Stock has formed trade able big W pattern. One can short the stock with the SL of 271 for a target of 238 which gives a 2.2 RR ratio.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Comment:
Please consider the pattern as bearish big M reversal. Sorry for mistakes,
Trade active
Trade closed: target reached
