AMARAJA. High Probable Short setup

Stock is in downtrend for since 2015. A supplier to automobiles and with the downfall of auto sector, revenues are struggling.

A very favorable risk to reward trade with high probability of success.

As I have understood that no one can predict exact market movements hence risk management is the key.

I work on probabilities and they are favoring this setup.

Levels are on the chart.

NOTE:- The move may be completed anytime in near future. Do your own analysis before trading/investing

Good luck!
Trade active
Trade closed: stop reached


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