Equity_OptionTrader

Great R.R.R. in this Trade!

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Equity_OptionTrader アップデート済   
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Stock has been trading in a downward wedge making LH-LL. With lesser space left in wedge, it's due a Break Out or a Break Down. I am counting on Break Out because it's making HL for past 3 days. Above today's high, Stock may reach upto 2050 levels for major resistance, and thus our Target. With SL of 25 Points, Target is big. So a great R.R.R. in this trade. And lastly, stock took 150MA support today. Last time it took support of 150MA, it rose from 1775 to 2255.
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Didn't trigger and closed below SL!

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