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VanshikaUdeshi

RHIM: WATCHOUT FOR BREAKOUT OF ROUNDING BOTTOM

Long
RHI MAGNESITA INDIA LTD (NSE:RHIM)  
VanshikaUdeshi Updated   
NSE:RHIM   RHI MAGNESITA INDIA LTD
Chart Patterns Trend Analysis roundingbottom roundingbottombreakout rounding_bottom roundingpattern swingtrading positional
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chartpattern trendanalysis roundingbottom roundingbottombreakout rounding_bottom roundingpattern swingtrading positional
RHIM is forming a rounding bottom and is near its resistance line. Watchout for the breakout of same. Long positions can be taken only after closing of candle above Neckline.
Trade closed: target reached:
Target Reached
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