praveen.bhatiya

Bollinger Band Reversal Short Trade

Short
praveen.bhatiya Updated   
NSE:BEL   BHARAT ELECTRONICS
The price movement are being captured beautifully by Bollinger Band and one can observe that whenever it has traded out of the band, it has given a nice opportunity to trade the reversal. We can apply the same method and short the stock by providing appropriate stop loss and look for the target of middle/lower band.
Comment:
Trade is doing well so far

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