rrithe9

AMBUJA SHORT

Short
rrithe9 Updated   
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
time frame 15 min, price moving below my moving average with a momentum on downside post retest.
Comment:
PE Entry @445, SL @457, TGT @415+
Comment:
price closed @423 which is 5% gain in the capital. If the fall continues after FIB retracement will add few more to my winning positions.
Comment:
Shifting SL to 431 in case if triggered we will take 4% profit with us, have to lock my profits and keep trailing as this is on the FIB levels
Trade closed manually:
Closed with 4% gain, will wait for retest to short again if this is a bounce back

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