HCLTECH | TRENDLINE BREAKOUT | 1:1.8 RR
POINTS TO NOTE:
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1. Stock is in a minor uptrend forming Higher Highs and Lows
2. Price is near support.
3. It has broken out of a downwards trendline.
A long can be initiated as follows:
Entry above 961.8
SL 952.6
Targets of 978, 986
RR 1:1.77
As always, keep your trades within your risk appetite. And always enter SL first.
______________________________
1. Stock is in a minor uptrend forming Higher Highs and Lows
2. Price is near support.
3. It has broken out of a downwards trendline.
A long can be initiated as follows:
Entry above 961.8
SL 952.6
Targets of 978, 986
RR 1:1.77
As always, keep your trades within your risk appetite. And always enter SL first.
Trading ditutup: stop tercapai
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