MARINE ELECTRICAL (I) LTD
Long

Marine Electricals-Exhibiting good Price Action.

152
Positional Pick

✅Successfully completed a breakout and retest.
✅Demonstrating strong resilience in a bearish market.
✅Forming an Inverse Head & Shoulders pattern.
✅Gaining momentum with increasing volume and
price action.

❌ The market is in a profit-booking phase.
❌ Be cautious while entering new trades.

Entry: 335.5
SL: 281- Day closing basis.
Risk: 16.6%
Reward: 31%
RR: 1:1.8

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