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Channel pattern on CARERATING

CARERATING is trading within a rectangular pattern or channel. I was supposed to post this one last night and didn't realize today was a trading day at NSE. Entry could be at the bottom of channel and exit at the top end of channel. Could be an easy 7 to 8% profitable trade if done rite. Stop loss can be kept at either end of the channel depending on what direction you take.

Hope you liked this idea, if so please boost this idea so others could benefit or leave a comment on what you think. I'll be glad to hear from you. Otherwise happy trading :-)

digijagan

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros