RUSHIL DECOR 1:4+ RR setup ðĨ
RUSHIL
broke out of ascending triangle pattern and gave a retest. Momentum leading to breakout is very high and volumes look bullish. One can enter entire position at C.M.P and place a tight stop loss (marked on the chart) for a 1:4+ RRR play. Positional traders can place a deeper stoploss below 310 and go for 1:2/2.5 RRR.
Buy more of price takes support at anyone of the supporting trendlines.
Follow strict risk management. HAPPY TRADING!
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