RUDRA007

ASHOK LEY LAND GOOD SHORT CANDIDATE

Short
RUDRA007 Updated   
NSE:ASHOKLEY   ASHOK LEYLAND
ASHOK LEY SPOT CMP 131

BEARISH CYPHER HARMONIC PATTERN FORMATION
PRZ IN RANGE :- 136-140 RANGE
SLZ ZONE :- 144 ON CLOSING BASIS

Counter is forming bearish harmonic pattern formation on weekly time frame,, go to go short in this range of prz,, with stoploss above 144
weekly RSI have made divergence in last to swing peak and on verge to break trend line support,,, counter can give a fall of 10-15-20% in coming time...

Good short candidate..
Trade closed manually:
counter gave good short entry around 138-139 levels and now its around 124 levels
10% fall already done..
book profit or trail stoploss as comfort...
keep learning dont gamble its not casino,, pure business

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