RISHIROOP
has broken out of a major channel pattern. Momentum leading to breakout is excellent with huge volume.
Price did leave a wick so it may consolidate for 1-3 days before releasing the momentum.
Look to enter 50% position at C.M.P and the rest after consolidation.
Risky traders can keep tight stop loss below 130 and positional traders can keep below the channel.
Targets: 170/190/200+
sl: below 130 or below 115
Position size according to Sl. HAPPY TRADING!
Price did leave a wick so it may consolidate for 1-3 days before releasing the momentum.
Look to enter 50% position at C.M.P and the rest after consolidation.
Risky traders can keep tight stop loss below 130 and positional traders can keep below the channel.
Targets: 170/190/200+
sl: below 130 or below 115
Position size according to Sl. HAPPY TRADING!
Trade active:
Entry activated, 15% up. Hold!