trendtrader06

Balramour chini Short 365.65

Short
NSE:BALRAMCHIN   BALRAMPUR CHINI MI
Prices went about moving averages but fell from major S/R zone which was also very near to POC of Volume Profile for current downtrend
Prices are below value area and rejection from moving averages on 18th as well suggests further fall for the stock
one can trade with 1R as initial tgt and eventually aiming 343 levels
Comment:
hits SL

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