Reversal pattern formed from Bullish to Bearish. BEL formed double top point-A on 30th may-19 and point-B formed on 28th jun-19. The breakout would occur on 8th july-19 point-C that day volume was high. breakout is our entry previous higher top is stop loss and the target is 1:1 .
ENTRY PRICE = 106
TARGET PRICE = 96
STOP LOSS = 116
Hi sir,
Thanks for posting your analysis…Try to create an option strategy for this stock