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Retraced from a breakout
AIA ENGINEERING LTD
Retraced from a breakout
By RS_V
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Updated
Feb 22
1
Feb 19
AIA Engg. retraced to Sep-Jan resistance level.
Price is taking support at 3850-3900.
4400 can be reached if take a bounce from here. Based on risk SL can be 3750 or 3600.
Public holding is < 3%, meaning DIIs & FIIs already took to higher levels. So big players can decide the move now both the sides.
If you are trading then Keep Strict SL.
Feb 22
Trade closed: stop reached
Sl hit. Trade closed in loss. Traded 5 qty. took loss of 559/-
Trend Analysis
RS_V
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