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ORIENT BELL LTD
Long

ORIENT BELL 🎯70% 1:4RR

By PriceActionSpotter
Updated
ORIENTBELL Broke out of an ascending triangle pattern. Breakout candle is excellent - Gap up and huge volumes. Price is also above its all time high.

A price action trade can be taken in this script with conservative buying and position sizing because of weak markets.

Enter 10% of position at C.M.P and the rest after retrace.
Expect bigger momentum if the impact of budget is positive.

Targets: 500/700/780+
Place a deep sl below 370 levels.

Positional high risk, high reward, high probability trade.
Holding period anywhere between 1 month to 6 months +

Position size accordingly. HAPPY TRADING!

Trade active
Good momentum of 8% seen. Hold!
Ascending TrianglebreakoutChart PatternsNIFTYORIENTBELLpositionalpriceactionTrend AnalysisTriangle
PriceActionSpotter

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