aniketkulkarni500

Pullback trade in PNB HOUSING

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aniketkulkarni500 已更新   
NSE:PNBHOUSING   PNB HOUSING
PNBHOUSING

This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.

Pullback was on low volumes, and now it has bounced so far from the breakout level.

A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.

Keep track!
评论:
New high made today!

Looks set to achieve the pattern target
评论:
Yesterday's high was just 2rs off the target.
Should hold R1 now and either consolidate or make a new high lets see
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