Elin Electricals: after breakout again tight rangeELIN Electricals: its in strong uptrend and making hh-hl patterns.
It can show 280-300 if a fresh breakout happens.
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Electricals
Siemens ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
This is a high risk trade as the market is in a overall bearish sentiment. Plan Trades Accordingly.