MARINE ELECTRICAL TREND REVERSAL

This stock is technically too weak almost near its all time low. The stock marine electrical is putting no more lower lows from a harmonic bullish bat pattern which is sign of trend reversal . Other confirmations can be a trend line breakout and higher highs higher lows formation
If anyones looking for a high rewarding low risk stock but rate of sucess is too low then this is the one to watch out for.
Expecting targets of 50% with a risk (stop loss) of 5%-6% RR of 1:10
Great setup for me to be truthfull . Ready to risk 5% for big targets
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BSEChart PatternselectricalsHarmonic PatternsMARINENIFTYnifty50nsereversalpatternsensexTrend Analysistrendreversal

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